Month: January 2023

China-Africa trade reached a record high in 2022

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Trade between China and African countries recorded double-digit growth in 2022, thanks in part to rising commodity prices. Trade between China and Africa reached a record $282 billion (260 billion euros) in 2022, up 11% from 2021, according to data released by the General Administration of Chinese Customs. China’s exports to African countries increased by 11.2% over the past year to $164.49 billion (€151.3 billion). During the same period, Chinese imports from Africa totaled $117.51 billion (€108 billion). The increase in the value of Sino-African trade in 2022 is due…

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TradeMark Africa Launches in West Africa

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ACCRA, Ghana, January 30, 2023/APO Group/ — TradeMark East Africa, one of the world’s leading Aid for Trade organisation, has today rebranded to TradeMark Africa (TMA) (www.TradeMarkAfrica.com) and simultaneously officially launched its West Africa operations. Founded in 2010 in Kenya, today marks TradeMark Africa expansion from its previous core operational area of East Africa and the Horn, to also support countries in West and Southern Africa. TradeMark Africa now has a presence in fourteen countries in sub-Saharan Africa (SSA): Kenya, Uganda, Tanzania, Rwanda, Burundi, the Democratic Republic of Congo (DRC),…

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Transnet Issues RFP to return long-standing Locomotives to Service to meet Customer Demand

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In a further effort to normalise freight operations in South Africa, Transnet Freight Rail (TFR) has issued an open competitive tender inviting eligible original equipment manufacturers (OEMs) to step in to rehabilitate the non-operational Chinese-manufactured locomotives awaiting critical spare parts. This follows on the impasse with the CRRC E-Loco Supply, the Chinese stateowned supplier of locomotives. CRRC is unwilling to engage with the relevant authorities in South Africa to normalise its operations in the country. Details on the matter of the CRRC has been widely published. TFR has published the…

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Strengthening cooperation in the transport sector at the centre of Moroccan-Gabonese talks

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The means of reinforcing cooperation between Morocco and Gabon in the fields of transport and logistics were at the centre of talks, on Thursday 26 January 2023 in Rabat, between the Minister of Transport and Logistics, Mr. Mohammed ABDELJALIL and his Gabonese counterpart, Mr. Brice Constant Paillat. During this meeting, the two parties reviewed the means of reinforcing and broadening the scope of bilateral cooperation and promoting the exchange of experiences in the fields of transport and logistics. On this occasion, Mr. ABDELJALIL highlighted the importance of developing cooperation relations…

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THE ACTIVITY OF THE PORTS OF MOROCCO FOR THE YEAR 2022

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The Moroccan ports have recorded a positive evolution of the global port traffic, which went from 192.1 million tons in 2021 to 195 million tons in 2022, i.e. an increase of 1.5%: the domestic traffic recorded a volume of 110.1 million tons (-1.2%) while transhipment reached a volume of 84.8 million tons, i.e. a growth of 5.3% compared to 2021. The distribution of traffic in 2022 saw a predominance of transhipment activity, representing a share of 43.5% of overall traffic, followed by imports with 33.8%, exports with 17.8%, cabotage with 3.9%…

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Nigeria : The President Muhammadu Buhari commissions Lekki Deep Sea Port

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On Monday January 23, 2023, the President Muhammadu Buhari officially inaugurated the Lekki Deep Sea Port, in Lagos, Nigeria, in the presence of Governor Babajide Sanwo-Olu of Lagos State, the Minister of Transportation, Muazu Sambo, the Chinese Ambassador to Nigeria, Ciu Jianchun, top government officials and traditional rulers, etc. This project with an investment in excess of $1.5 billion is a Joint Venture between the Federal Government of Nigeria through the Nigerian Ports Authority (5%), Lagos State Government (20%), the Tolarams Group, the owner of the Lagos Free Zone (22.5%),…

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THE GREAT SUPPLY CHAIN DISRUPTION CONTINUES IN 2023, WARNS PROFESSIONAL BODY FOR SUPPLY CHAIN MANAGEMENT

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Unprecedented disruptions and volatility in recent years have stretched supply chains to breaking point. In 2023, we can expect the “Great Supply Chain Disruption” to continue to challenge industries around the world, according to SAPICS, The Professional Body for Supply Chain Management in Southern Africa. War, raw materials shortages, rising energy costs and extreme weather conditions are just some of the factors that will disrupt global supply chains in 2023, warns the non-profit organisation that is striving to elevate, educate and empower the community of supply chain professionals across Africa. “In…

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South Africa : Spectacular recovery at Cape Town International Airport over December 2022

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Provincial Minister of Finance and Economic Opportunities, Mireille Wenger today warmly welcomed preliminary statistics received from Airports Company South Africa (ACSA), which showed that Cape Town International Airport recorded a spectacular recovery in passenger numbers during the peak season month of December when compared to pre-pandemic numbers. Minister Wenger said: “These preliminary statistics received from ACSA show that Cape Town International Airport recorded 266 656 international 2-way passenger numbers for December 2022, resulting in a spectacular 95% recovery when compared to December 2019. The domestic terminal, for the same month,…

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Premier Alan Winde Welcomes Partial Resumption of Eerste River-Bellville Train Service

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Premier Alan Winde cautiously welcomes Metrorail’s partial resumption of the train service between Eerste River and Bellville in Cape Town this morning. The service has been suspended since the Covid-19 national state of disaster was implemented in 2020. According to Metrorail, services would have resumed in December 2022 but were delayed due to “environmental issues”. Today’s reintroduction of the service will see the train depart from Bellville station, stopping at Kuils River, Blackheath, Meltonrose, and Eerste River stations. The Premier said, “While this much-needed train service is good news for…

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Two-Year Long, World Bank Funded Project to Further Improve Malawi’s Customs Systems

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The World Bank, Government of Malawi, and UNCTAD have agreed a deal that will see Malawi upgrade to the latest version of the ASYCUDAWorld customs management software. Malawi is a long-term collaborator of the ASYCUDA Programme that first started using ASYCUDA software in the 1990s, having previously used ASYCUDA version 2 and ASYCUDA++ before running ASYCUDAWorld. Malawi is a significant importer of fuel and exporter of tobacco. In 2021, Malawi customs processed over 280,000 import and export declarations on ASYCUDAWorld and the equivalent of 51,427 twenty-foot containers. This upgrade will…

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