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

October 27, 2022October 27, 2022 logistafrica

© 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…

OVERALL TRAFFIC AT THE PORT OF LOME REBOUNDS FROM THE SECOND HALF OF 2022

October 22, 2022October 22, 2022 logistafrica

Although overall traffic at the Port of Lome fell slightly (-6%) in the first half of 2022, this was made up for in the third quarter. Indeed, the region’s only deepwater port quickly made up for this decline with a 9% jump in the first three months of the second half. It has thus experienced growth of 3% to date. Three key factors behind the decline in the first half This decline in the first half of the current year at the Port of Lome can be explained by these…