Press "Enter" to skip to content

Posts published in “Trade”

AfDB and Smart Africa Launch $1.5M Digital Trade and e-Commerce Project

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.

Somalia: Gulftainer announces new container service to Berbera

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.

DP World to Develop Edible Oil Terminal at Berbera Port, Somaliland

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-Sudanese Investment Forum to Boost Investments In The Country

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.

AFCFTA Investment Protocol Sets the Stage for Economic Growth and Development in Africa

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

Towards Global Trade

Export promotion is a key step in increasing trading opportunities for any country. It is time Somalia took it seriously. TSIM Writer It is estimated…

©2024 All Rights Reserved.