Trade : Algeria signs Hosting Agreement for Intra-African Trade Fair 2025

L'Algérie signe l'accord d'accueil de la Foire commerciale intra-africaine 2025

The IATF is now a foremost event in the African calendar of economic, social, trade and even policy events The Host Agreement Signing Ceremony for the Intra-African Trade Fair 2025 (IATF2025) took place in Algiers on 15 April 2024. The Ceremony, which was hosted by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union and the AfCFTA Secretariat, and the Government of the People’s Democratic Republic of Algeria, paves the way for the fourth edition of the Intra-African Trade Fair to take place from 4 – 10…

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DRC: 10 new Mercedes-Benz buses “made in DRC” to expand Transco’s fleet

On Thursday, April 11, 2024, the Minister of Transport, Roads, and Decongestion of the Democratic Republic of Congo (DRC), Marc Ekila, presided over a ceremony to hand over ten (10) 49-seat buses, Mercedes-Benz “made in DRC”, to the General Director of the Congo Transport Company (Transco). “This second delivery will be added to the 21 vehicles already received on November 17, 2023, from the company “Supreme Automobile” which has a contract with the Congolese government for 230 buses for its public transport company,” said a press release from Transco. During…

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WTO: Tunisia’s Trade Policy and Practices to Undergo Fourth Review Soon

Organisation mondiale du commerce : Bientôt le 4e examen de la politique et des pratiques commerciales de la Tunisie

The Trade Policy Review (TPR) report serves as a crucial benchmark on the international stage, reflecting Tunisia’s level of economic openness and fostering trust among the country’s trading partners and financiers. The launch of the fourth Trade Policy Review of Tunisia by the World Trade Organization (WTO) is imminent, with the date to be determined in consultation with the government. These anticipations were announced on April 5 following the third meeting of the National Commission for Relations with the WTO, according to a statement from the Ministry of Trade and…

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IMPACT OF DIGITAL DISRUPTION ON PROCUREMENT AND SUPPLY CHAIN

Digital disruption, a term now echoing in the business world as a true revolution. While digital technologies continue to transform our daily lives, their impact on businesses is even more profound and transformative. Among the many business functions affected by this revolution, procurement and supply chain play a central role. In this article, we will explore the impact of digital disruption on the field of procurement and supply chain. We will delve into the world of emerging technologies to discover how they fundamentally transform the way businesses manage their procurement…

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SPANISH GROUP MPG EXPANDS TO MOROCCO

(Logis-T Africa) – The Spanish group MPG, a leading operator in maritime transport, logistics, and project cargo handling, has announced its official establishment in Morocco by opening two strategic delegations in Casablanca and Tangier. This strategic expansion aims to meet the growing demand for quality logistics services in the region and constitutes the first step towards the group’s expansion in Africa and the Middle East. A Well-Considered Geographical Choice MPG’s establishment in Morocco is not a coincidence. The group has carefully selected Casablanca, the country’s economic nerve center, and Tangier,…

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Africa Global Logistics signs contract to manage Walvis Bay Multipurpose Bulk Terminal

On March 20, 2024, Africa Global Logistics (AGL) signed the contract to manage the Walvis Bay Multipurpose Bulk Terminal in Namibia, in the presence of Tony Stenning, Regional Director South Africa and Andrew Kanime, CEO of the National Port Authority of Namibia, Namport. This appointment follows an international call for tenders launched by Namport in January 2023. This decision demonstrates the confidence of the local authorities in AGL’s industrial project and reinforces its commitment to Africa’s economic transformations. Located on the southwest coast of Africa, the Port of Walvis Bay…

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Côte d’Ivoire – Road Safety Week 2024: Mobilization for Safer Roads

Lutte Contre l’incivisme Routier : La 15eme Édition de la Semaine de la Sécurité Routière Prévue du 03 au 10 Avril 2024

(Logis-T Africa) – From April 3 to 10, 2024, Côte d’Ivoire is embarking on a vast awareness campaign to combat road incivility on the occasion of the 15th edition of Road Safety Week. This initiative, organized by the Office of Road Safety (OSER) under the aegis of the Ministry of Transport, aims to reduce road accidents and save lives. Road incivility: a scourge that threatens everyone’s safety Road accidents are a major public health problem in Côte d’Ivoire. Every year, thousands of people lose their lives or are injured in…

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Afreximbank to offer Supply Chain Finance in Nigeria in partnership with Sterling Bank

Afreximbank s’apprête à introduire un produit de financement de la chaîne d'approvisionnement au Nigeria en partenariat avec Sterling Bank

The partnership with Sterling Bank is a unique and innovative arrangement which leverages the complementary strengths of both institutions to provide a comprehensive market-led solution to Nigerian corporates CAIRO, Egypt, April 4, 2024 (Afreximbank) — African Export-Import Bank (Afreximbank) has partnered with Sterling Bank to introduce the innovative supply chain finance product ‘Payables Finance’, in Nigeria. This product, branded as ‘Afreximbank Tradelink,’ is one of Afreximbank’s digital offerings under the umbrella of the Africa Trade Gateway (ATG). ATG provides African corporates and commercial banks with relevant digital tools to access market…

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UNECA publishes AfCFTA implementation strategies synthesis report

The United Nation Economic Commission for Africa (UNECA) has recently published a report which provides a snapshot of AfCFTA implementation strategies in the continent, with a list of the countries and the Regional Economic Communities (RECs) that have adopted them and a description of their core elements, the process by which they were developed, and experiences of some African states in their implementation. The AfCFTA implementation strategies are policy documents that define strategies for expediting the implementation of the AfCFTA Agreement and realize its benefits at national and regional levels. They are based on a decision adopted by the Conference of African Ministers of Finance,…

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Rwanda : Carrier Transicold Boosts East African Cold Chain Development Through Partnership with ACES

(Logis-T Africa) This partnership between Carrier Transicold and ACES represents a significant step towards a more robust and sustainable cold chain infrastructure in East Africa, with positive implications for food security, public health, and environmental impact. In a press release issued on March 14, 2024, Carrier Transicold, a leading provider of intelligent climate and energy solutions, announced a significant collaboration with the Africa Centre of Excellence for Sustainable Cooling and Cold Chain (ACES) to accelerate cold chain development in East Africa. This partnership focuses on providing vital resources and expertise…

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