Addis Chamber Signs Deal to Expand Membership Through Digital Platform

The Addis Ababa Chamber of Commerce and Sectoral Associations has signed an agreement with technology company Solvix Labs to expand its membership and make its services more accessible to the city’s business community through a digital platform.

The memorandum of understanding was signed by Zakarias Assefa, secretary-general of Addis Chamber, and Temesgen Tafesse, chief executive officer of Solvix Labs.

Under the agreement, Solvix Labs will deploy its Axova technology platform to support Addis Chamber’s efforts to move membership recruitment and services from a largely manual process to a digital system.

Addis Chamber said the initiative is intended to help it reach more than 480,000 businesses in Addis Ababa and bring a larger share of the city’s business community into the chamber’s membership.

Assefa said the digital system would make services more accessible while allowing the chamber to reach businesses beyond the limits of its existing membership operations.

The platform is also expected to provide a channel through which businesses can access chamber services and engage with the organisation digitally, according to Addis Chamber.

Tafesse said Solvix Labs had completed preparations to work with the chamber and that implementation of the technology would begin officially in the near term. The agreement is expected to result in thousands of new businesses joining Addis Chamber over the coming years.

Axova combines several business-related services, including a business hub, point-of-sale services, an online marketplace, delivery and logistics through Axo GO, an affiliate system and an artificial intelligence-powered assistant. The platform also includes a banking operating system.

According to the companies, the system is designed to allow businesses to manage operations through a mobile phone, including issuing electronic receipts, accessing credit services, monitoring stock and revenue, and promoting products to domestic and international markets.

Source: FSX Business News