The African Development Fund and Smart Africa Alliance have collaborated to launch the Institutional Support for Digital Payments and e-Commerce Policies for Cross-Border Trade Project (IDECT). The $1.5 million project aims to streamline digital trade and e-commerce policies across 10 African countries, namely Côte d'Ivoire, Benin, Ghana, Liberia, Uganda, South Sudan, Zimbabwe, the Republic of Congo, São Tomé and Príncipe, and the Democratic Republic of Congo.
Posts published in “Trade”
Gulftainer, one of the world's leading privately-owned independent port operators, has announced the arrival of a new container service at its Sharjah(United Arab Emirates-UAE) Container Terminal that will service Berbera. The new service, named SHASOM, will offer customers a reliable and efficient option to transport their goods between the two locations.
The East African Community (EAC) Secretary-General, Peter Mathuki, has shared his vision for the bloc to become the most integrated regional economic bloc in the world. He emphasized the need for a borderless Africa that includes opening up the skies and cheaper travel within the region.
DP World has announced plans to develop a new edible oil terminal at the Port of Berbera in Somaliland. The terminal will initially have a storage capacity of 18,000 tonnes, with the potential to expand as demand grows. The facility will be able to service vessels with a draught of up to 16 meters, allowing the port to handle bulk imports of edible oil for the first time. The new terminal is expected to reduce supply chain costs and create vital local jobs.
Somalia and Sudan are set to hold their first investment forum in Mogadishu on March 19 to 20, 2023. The event, organized by the Somalia Investment Promotion Office, the Somalia Embassy in Khartoum, and the Sudan Embassy in Mogadishu, aims to promote investments in key sectors of the Somali economy, such as agribusiness, construction, trade, services, and mining. It will see several topics exploring potential business opportunities and investment partnerships in Somalia and Sudan, tabled for discussion.
Zimbabwe’s ban on lithium ore exports has resulted in stockpiles of the key battery metal building up in the southern African country.
The African Continental Free Trade Area (AFCFTA) Investment Protocol is a comprehensive framework that aims to attract, protect, and promote foreign investment in Africa. The protocol is one of the key pillars of the AFCFTA, which was launched in 2018 and aims to create a single market for goods and services across the continent
Oil and gas, school textbooks, passport production, security sector rations, tuna fishing, and Mogadishu port… a new report lifts the lid on the 2020- 2021…
The report highlights the impact of US$ 5.8 Billion financing towards Advancing Trade in Organization of Islamic Cooperation (OIC) Member Countries The International Islamic Trade…