Month: February 2022

AFRAA AND AFCAC REINFORCE COLLABORATION FOR THE DEVELOPMENT OF A SAFE, RELIABLE AND SUSTAINABLE AIR TRANSPORT SYSTEM IN AFRICA

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The African Airlines Association (AFRAA) and the African Civil Aviation Commission (AFCAC) have signed a memorandum of understanding (MoU). The MoU will reinforce the collaboration between AFRAA and AFCAC to facilitate the achievement of their shared objectives and enhance their effectiveness in serving the interests of their respective members. The MoU was signed by Abdérahmane Berthé, AFRAA’s Secretary General and Ms. Angeline Simana, AFCAC’s Ag. Secretary General. Under the MoU, AFRAA and AFCAC will align their actions and work jointly on various areas including … read more : https://africaaero.org/en/news/afraa-and-afcac-reinforce-collaboration-for-the-development-of-a-safe-reliable-and-sustainable-air-transport-system-in-africa/

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MTBS DEVELOPS MARKETING STRATEGY 2022-2030 FOR PORT AUTONOME DE KRIBI

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Together with the Port Autonome de Kribi (PAK), MTBS successfully developed the port authority’s marketing strategy for the 2022-2030 period. As one of Central and Western Africa’s most efficient ports, the PAK engaged MTBS to prepare a multi-faceted growth strategy. The strategy focuses on many of the … read more : https://maritimafrica.com/en/mtbs-develops-marketing-strategy-2022-2030-for-port-autonome-de-kribi/

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SOGESTER TERMINAL LUANDA GEARS UP TO MEET FUTURE CUSTOMER NEEDS

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(APM Terminals) New terminal equipment recently purchased increases the reliability and productivity of terminal operations, enabling better service to customers. New online solutions facilitate transactions, offering customers a full range of interactions from behind their desk. Sogester (Sociedade Gestora de Terminais, S.A.) container terminal in Luanda, Angola (operating since 2007) is a joint venture between APM Terminals (51%) and the Gestor de Fundos of Angola. In December 2021, the terminal significantly upgraded its equipment with the arrival of 2 new Liebherr mobile harbour cranes (MHC 800 series), the largest terminal…

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FUTURE INTERNATIONAL TRADE ALLIANCE LAUNCHED

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ICC, DCSA, BIMCO, FIATA and SWIFT have launched the Future International Trade Alliance and signed a memorandum of understanding to standardise digitalisation of international trade. Together, the industry associations will collaborate on the development and adoption of relevant standards to facilitate the use of electronic bills of lading. Established to further digitalisation of container shipping technology standards, Digital Container Shipping Association (DCSA) – a neutral, non-profit group – in conjunction with its nine member carriers, today announced the formation of the Future International Trade (FIT) Alliance with the signing of…

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WESTERN UGANDA ROADWAY PAVES THE WAY FOR HIGHER INCOMES, MORE TOURISM REVENUE IN THE REGION

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The Kigumba–Masindi–Hoima–Kabwoya road in western Uganda has opened for traffic, paving the way for increased regional trade, tourism and oil production. A $109 million loan from the African Development Fund and $34 million from the Ugandan government funded the Road Sector Support Project 4, which included civil works for upgrade of the 135-km  road from gravel to bitumen standard. With the road upgrade, travel time to northern Uganda is expected to reduce by 50 percent. The roadway also links the region to the east of the Democratic Republic of Congo…

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TANZANIA KENYA TOTAL TRADE HIT USD 905.5 MILLION

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Kenya Tanzania bilateral trade hit USD 905.5 million in 2021 for the period January –November 2021 according to the Central Bank of Kenya. This was highlighted during the EABC Trade Facilitation Forum at Namanga One-Stop Border Post. Speaking at the Forum, Mr. John Bosco Kalisa said “Kenya imports from Tanzania stood at USD 501. million and exports USD 403.9.”  He applauded President Samia Suluhu Hassan and President Uhuru Kenyatta for resolving Non-Tariff Barriers resulting in better trade ties. The Station Manager of Namanga OSBP Kenya expounded that the border clears…

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Tanzania to expand markets and economic growth, as it launches works on major Dodoma road

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The head of the African Development Bank Group (www.AfDB.org), Dr. Akinwumi A. Adesina, on Wednesday joined Tanzanian President Samia Suluhu Hassan to formally launch the construction of the landmark Dodoma City Outer Ring Road project. Hundreds of local residents gathered to witness the occasion in the country’s capital, Dodoma. They waved the Tanzanian flag and jubilated as the two leaders laid the foundation stone. The 112.3-kilometer road project, largely funded by the African Development Bank, forms part of the Trans-African Highway Corridor that links Cape Town to Cairo via Dodoma,…

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KONECRANES SUPPLIES DP WORLD LUANDA WITH 10 LIFT TRUCKS

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Konecranes has delivered Dubai based multinational logistics company DP World with 6 Konecranes reach stackers and 4 empty container handlers to their multipurpose terminal in Luanda, on the southwest African coast. The order was booked in May 2021 and the lift trucks were delivered in December. DP World is a leading provider of smart logistic solutions and one of the largest port operators in the world. DP World is also present in Angola with the concession to run the multipurpose terminal in Port of Luanda, which is also Angola’s primary…

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LATEST DIGITAL AIR CARGO INNOVATION WILL ACCELERATE GLOBAL RECOVERY

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ICAO and the United Nations Economic Commission for Europe (UNECE) have completed new digital air cargo technical specifications guidance that will help to accelerate the transition towards safer and more resilient supply chains, while making important contributions to COVID-19 response and recovery efforts. The digital innovations will permit the air transport sector to transition away from long-standing paper-based documents used to facilitate the movement of global air freight, promoting a contactless air cargo environment and … read more : https://africaaero.org/en/news/latest-digital-air-cargo-innovation-will-accelerate-global-recovery/

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EMERGING MARKETS RANKINGS SHOW AFRICAN GAINS IN DIGITAL READINESS

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Sub-Saharan countries embracing digital economy to boost competitiveness Leading African economies that have struggled to improve their infrastructure, business conditions and overall competitiveness are generally performing better against other emerging markets in areas that measure their digital skills and sustainability. That’s one of the findings of the 2022 Agility Emerging Markets Logistics Index (https://bit.ly/3uzQjyo), a ranking of the world’s 50 leading emerging markets. Kenya ranks No. 28 in the overall Index but is 17th in digital readiness. South Africa, No. 24 overall, is 21st in digital readiness. Likewise, Ghana is 32nd overall and…

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