WOMAN’S WORDS 005

📍𝗪𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘀𝗮𝘆 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗽𝗼𝗶𝗻𝘁𝘀 𝗳𝗲𝗺𝗮𝗹𝗲𝘀 𝗶𝗻 𝘁𝗵𝗶𝘀 𝘀𝗲𝗰𝘁𝗼𝗿 𝘀𝗵𝗼𝘂𝗹𝗱 𝗽𝗮𝘆 𝗮𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝘁𝗼 𝗳𝗼𝗿 𝗴𝗿𝗼𝘄𝘁𝗵? We share this week the answer of Kathy Laure MAGNE ESSIMI, Leader – Managing director/CFO to this question in this week’s  Woman’s words. To read the full interview she gave us in the second issue of Logis-T Africa Women magazine follow this link here

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Kenya: African Development Bank approves $30 million Trade & Small and Medium Enterprises (SME) Finance Facility for Family Bank Limited

The Board of Directors of the African Development Bank Group  has approved a $30 million Trade & SME Finance Facility for Family bank Limited (FBL) in Kenya. The facility is expected to boost intra-Africa trade, promote regional integration and contribute to the reduction of the trade & SME finance gap in the East African nation.   The facility will provide a Trade Finance Line of Credit to support FBL’s short-term trade finance activities, a Transaction Guarantee, which will provide a risk-covered strategic platform to enable confirmation of trade transactions originating…

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Algeria : Iconic FIAT Brand Launches by Stellantis

Stellantis o announces n March 19, 2023, the launch of FIAT brand in Algeria to meet the Algerian customers’ expectations with a wide range of models during a ceremony chaired by Mr. Ali Aoun, Minister of Industry and Pharmaceutical Production, Mr. Tayeb Zitouni, Minister of Commerce and Export, HE. Mr. Giovanni Pugliese, Ambassadors of Italy in Algeria, HE. Mr. Abdelkrim Touahria, Ambassadors of Algeria in Italy, Mr. Samir Cherfan, Stellantis Middle East and Africa Chief Operating Officer, Mr. Olivier François, FIAT Chief Executive Officer and Stellantis Global Chief Marketing Officer, and…

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AD Ports Group signs a 30-year Concession Agreement to Develop and Operate Safaga Port in Egypt

Two 15-year agreements, a Memorandum of Understanding and three Head of Terms – were also signed with Egyptian authorities for multi-purpose, RoRo and cruise terminals, as well as logistics services across key Red Sea and Mediterranean ports. AD Ports Group, the leading facilitator of global trade, logistics, and industry, has recently announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in addition to signing of two 15-year agreements, a  Memorandum of Understanding (MoU) and three Head of Terms (HoT) concerning ports…

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7th Annual City of Cape Town Smart Supplier Readiness Programme Launched : Expanding the Skills and Knowledge of Small Businesses

Reflecting its continuous commitment to the development and success of its vendors, the City of Cape Town (CoCT) has launched the 7th annual  CoCT Smart Supplier Readiness Programme. Participating enterprises have the chance to become a part of a valuable platform and community on which to grow their business successfully and sustainably. “Platforms like this are crucial to small businesses because they provide knowledge and an understanding of the skills necessary to deal with challenges that can stifle growth. I am excited to see the ideas and opportunities from the businesses…

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Beyond electric vehicles, what will it take to decarbonize the transport sector in Africa?

Written by Simon Saddier At COP 27, world leaders recognized transport as one of the key sectors to decarbonize under the Breakthrough Agenda. Accounting for more than 20% of global energy-related direct CO2 emissions, of all sectors, transport has the highest level of reliance on fossil fuels which supply about 95% of its final energy demand. Road transport, in particular, accounts for around 6 GtCO2e, or around 10% of total global emissions. Decarbonizing the sector is therefore critical to reach net-zero emissions by 2050. With recent progress in vehicle and battery development,…

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Stellantis and the South African Authorities Sign Framework Agreement to Manufacture Vehicles in South Africa

Seated from left to right: Mr. TP Nchocho CEO of the IDC; Ms. Malebo Mabitje-Thompson, Acting Director General the dtic; and Mr. Leslie Ramsoomar, Stellantis South Africa Managing Director Standing from left to right: Mr. Ebrahim Patel, Minister of Trade and Industry & Competition and Mr. Samir Cherfan, Stellantis Middle East and Africa Chief Operating Officer   Stellantis has signed a Memorandum of Understanding (MOU) with the Industrial Development Corporation (IDC) and the Department of Trade, Industry and Competition (the dtic) to develop a manufacturing facility in South Africa. The signing ceremony took place at the office of…

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Trade: “We need to strengthen South-South cooperation” says Evariste Ndayishimiye, President of Burundi

From March 5 to 9, 2023, the United Nations organized high-level roundtables in Doha to gather the voices of experts and representatives of countries and organizations on the best ways to place potential to the realization of the Doha Agenda for Action. The aim was to find solutions to the challenges posed by the international trading system and to support the least developed countries (LDCs) in their integration into international trade and regional integration. The Head of State of Burundi, H.E. Evariste Ndayishimiye, co-chaired the High-Level Thematic Roundtable on “Enhancing…

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