Category: Trade

Enhancing the Trans-Saharan Road corridor to boost trade and economic development

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© Abdelrahman Hassanein/Shutterstock | Economic corridors enable regions and countries to offer high-capacity transport systems that foster trade. UNCTAD and the Islamic Development Bank launch a roadmap for supporting economic development and regional integration through Africa’s Trans-Saharan corridor. Trade and transport corridors, the major routes that facilitate the movement of people and goods between regions and countries, have existed for millennia. The Trans-Saharan Road (TSR) corridor, one of the oldest in Africa, comprises a 4,500-kilometre main road that links Algeria, Niger and Nigeria with an additional 4,600 kilometres of highways connecting…

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Launching of the China-Middle East and North Africa International Trade Digital Expo 2022

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BEIJING, China, October 8, 2022 The ‘China-Middle East and North Africa International Trade Digital Expo 2022’, sponsored by the China Council for the Promotion of International Trade (CCPIT) (https://en.CCPIT.org) and co-organized by the China International Chamber of Commerce (CCOIC) and Beijing Massbetter International Exhibition Co., Ltd., will be held online from October 19 to 28. More than 1,000 enterprises and 10,000+ buyers and visitors from China and overseas are expected to participate in this highly successful annual event.   In the post-pandemic era, the expo will play an important role in…

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Africa Co-Guarantee Platform Partners Reaffirm Commitment to Catalyzing Trade and Investment

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Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (https://bit.ly/3BViQAd) (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa.   The partners pledged to extend direct transaction support for specific projects, including infrastructure development and optimizing balance sheets by sharing risk. They will develop new and hybrid products to address issues such as intra-regional trade, the current food and fertilizer crises, and enhanced coverage for infrastructure investments, public-private partnerships, and fragile/transition states and situations.…

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Morocco hosts the 8th edition of the International Single Window Conference on September 26, 27 and 28, 2022.

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After the 5th edition in 2016, Marrakech, will host the 8th edition of the International Single Window Conference from September 26 to 28, 2022, under the High Patronage of His Majesty King Mohammed VI. With the main theme: “Single Windows of the future at the heart of digital transformation and the fluidity of cross-border trade”, this edition is co-organized by the African Alliance for Electronic Commerce (AACE), initiator of the project, PortNet and the National Agency of Ports (ANP). This conference is a major forum for exchanges on the concept…

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Opening of the China-Central and West Africa International Trade Digital Expo 2022

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BEIJING, Sept. 6 (Xinhua) — The China-Central and West Africa International Trade Digital Expo 2022 opened online on September 1. The expo, co-organized by the China Council for the Development of International Trade (CCPIT) and the China-Africa Development Fund (CAD Fund), will be held from September 1 to 10. Attracting 811 exhibitors and more than 8,000 buyers, the exhibition covers various fields, such as agriculture, transportation, information and communication, business services, construction and building materials, infrastructure, medicine and epidemic prevention, beauty and fashion, protection and safety at work. Six meeting…

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Webb Fontaine Announces Launch of Niger National Single Window (NNSW) to Bolster Trade

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The launch is expected to bolster trade and increase the country’s revenues DUBAI, United Arab Emirates, August 11, 2022/APO Group/ –Webb Fontaine and the Niger Chamber of Commerce and Industry, along with its partners, marked the launch of the Niger National Single Window platform through a ceremony held at the Chamber of Commerce and Industry of Niger. The Single Window platform will bolster foreign trade and increase Niger’s revenues, while improving the overall speed and efficiency of trade. The event took place in the presence of Yayé Djibo, representing the…

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“Building the Future Together” 14th U.S.-Africa Business Summit in Morocco

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The Kingdom of Morocco is hosting the 14th U.S.-Africa Business Summit from July 19-22 in the city of Marrakech under the theme: “Building the Future Together”. Organized by the Corporate Council on Africa (CCA), under the High Patronage of King Mohammed VI, the forum brings together more than 1,000 participants, including ministers, public and private economic operators and American and African institutions. For CCA President and CEO Florizelle Liser, “The Summit provides an excellent opportunity to highlight the synergies of economic relations between the United States and Morocco, between Morocco…

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Dubuy.com the e-commerce platform of DP World expands Africa presence with launches in Ghana and Zambia

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DP World today announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in both Ghana and Zambia. The latest roll-out of the wholesale marketplace opens access to global supply chains for even more African businesses. Dubuy.com provides advanced technology and secure transactions for wholesale traders, connecting them safely and efficiently to international markets. These digital tools are underpinned by DP World’s robust physical infrastructure across Africa, such as the port at Maputo and its connections with East and South Africa. On the West Coast, DP World…

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UNCTAD urges African countries to rethink export diversification to survive economic shocks

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The continent’s free trade area, a growing middle class, an emerging consumer market, increased access to financial services and technology, and dynamic private entrepreneurs can help diversify African economies. African countries must diversify their exports to survive economic shocks from global crises such as the COVID-19 pandemic and the war in Ukraine, says the United Nations Conference on Trade and Development (UNCTAD). In its Economic Development in Africa Report 2022 published on 14 July, UNCTAD says African countries can diversify their economies through boosting exports of high-value services, expanding private businesses’ access…

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E-COMMERCE AND Q-COMMERCE BOOM BENEFITS CONSUMERS AND COURIERS

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Imagine a future in which your new cell phone is delivered to your home by a courier who also sets up your new device for you. What about a courier who can deliver a spare part for your washing machine and install it while he is there? These were some of the scenarios explored by parcel industry experts in an absorbing panel discussion on e-commerce and the last mile at the 2022 SAPICS Conference for supply chain professionals. The COVID-19 pandemic triggered unprecedented growth in e-commerce and the courier industry.…

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