eWAKA
Source: eWAKA |

eWAKA Secures a 500 000 CHF Loan from Swiss State Secretariat for Economic Affairs (SECO) Start-up Fund

Financing to Power Strategic Growth Initiatives and Promote Shujaa Rollout in 2023

eWAKA (https://eWAKA.tech/), one of Africa’s most promising sustainable mobility startups, has received strategic support from the State Secretariat for Economic Affairs (SECO) Start-up Fund of the Swiss Confederation. SECO Start-up Fund has offered a 500,000 CHF loan that will support eWAKA’s 2023 plans to accelerate a growth strategy focused on…

Source: Parliament of the Republic of Uganda |

Uganda: Budget Committee wants firm policy on cargo handling

Uganda Airlines was in February 2022 given self-handling rights to manage cargo and it will embark on it as soon as the existing contracts with private air cargo handlers expire

Members of Parliament on the Committee on Budget want a firm policy position on ground handling services at Entebbe International Airport.  The legislators were on Friday, 20 January 2023 scrutinising a report of the Committee on Physical Infrastructure on the budget framework paper for the works sector for Financial Year…

Source: The Presidency, The Arab Republic of Egypt |

President El-Sisi Follows-up on the Development of the Country’s Port System

This development shall also include creating logistics zones to increase their capacity, thereby enhancing their ability to boost international trade, exports and imports

Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, Minister of Transport, Lieutenant-General Kamel al-Wazir and Presidential Advisor for Urban Planning, Major General Amir Sayed Ahmed. The Spokesman for the Presidency said the meeting followed-up on the upgrading of the port system nationwide. President El-Sisi gave directives…

Source: The World Bank Group |

A People-Centric and Green Transformation Can Help Reshape Gabon’s Economic Trajectory: World Bank Reports

The authors analyze the country’s agriculture sector and provide recommendations on how Gabon could boost regional food trade as a new driver of food security and regional integration

Gabon can boost new sectors in the green economy to promote sustainable and resilient growth for all its people in the years to come, conclude two new World Bank reports published today. A transition to a greener, less resource-dependent economy would require ambitious reforms to open up new drivers of…

FedEx Corp.
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    • FedEx Establishes Direct Presence in Nigeria to Support Customers with International Trade (1)
    • FedEx Establishes Direct Presence in Nigeria to Support Customers with International Trade (2)
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Source: FedEx Corp. |

FedEx Establishes Direct Presence in Nigeria to Support Customers with International Trade

With a direct presence in the country, businesses and customers in Nigeria now have greater access to a wider portfolio of FedEx Express shipping solutions

FedEx Express (FedEx), a subsidiary of FedEx Corp. (www.FedEx.com) (NYSE: FDX) and the world’s largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the country’s growing international shipping demands. With a direct presence in the country, businesses and customers in Nigeria…

African Development Bank Group (AfDB)
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    • Participants in a group photograph at the end of the RASME Project launch in Angola
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Source: African Development Bank Group (AfDB) |

Angola launches Information and Communications Technology (ICT) initiative for remote monitoring and evaluation of development projects

RASME is a set of real-time digital data-gathering tools and processes that enable the Bank, its clients and development partners to better prepare projects

The African Development Bank (www.AfDB.org) has rolled out the Remote Appraisal, Supervision, Monitoring and Evaluation (RASME) project in Angola, following a three-day training session in the capital, Luanda. RASME is a set of real-time digital data-gathering tools and processes that enable the Bank, its clients and development partners to better…

Source: Webb Fontaine |

Port Community System as a turnkey solution (By Pascal Minvielle)

The PCS builds on bespoke interfacing with the electronic payment platform Paylican and is equipped with a CMS connectivity toolkit that connects all systems

By Pascal Minvielle, Chief Operating Officer, Webb Fontaine (www.WebbFontaine.com) The Port Community System (PCS) is an electronic collaborative hub which allows public and private stakeholders involved in cargo release to exchange instructions, movements, documents and authorizations associated with import and export consignments within the Port or Airport. Automation, better transmission and…

Source: International Trade Centre |

Made by Africa: 94 value chains to boost intra-African trade

ITC data show current intra-African export growth potential to be US$22 billion

A new report prioritizes pharmaceuticals, baby food, cotton clothing and automotives among 94 feasible value chains to boost intraregional trade and create jobs for women and youth. Invest in pharmaceuticals, baby food, cotton clothing and automotives, in line with African goals to improve food security, health and tech skills, to…

Source: The State Council Information Office: The People's Republic of China |

China to grant zero-tariff treatment to 10 least-developed countries

This policy measure will gradually expand to all the least-developed countries that have established diplomatic ties with China

China will grant zero-tariff treatment to 98 percent of taxable items from 10 least-developed countries in a bid to promote an open global economy. Starting from Dec. 1, China will waive all tariffs on 98 percent of the related imports from Afghanistan, Benin, Burkina Faso, Guinea-Bissau, Lesotho, Malawi, Sao Tome…

Source: Energy Capital & Power |

Angola Oil & Gas 2022 to Discuss the Domestic Floating Production, Storage and Offloading (FPSO) Market

Angola Oil & Gas 2022 will discuss the country’s investments in FPSO systems as Angola eyes to increase production and activities across the entire oil and gas value chain

With Angola – Africa’s biggest producer of crude oil (https://bit.ly/3fNdgJs) – seeking to maximize hydrocarbon industry expansion for energy security and economic growth, the country’s market and demand for floating production, storage and offloading (FPSO) systems is set for witness an exponential increase. As such, the 2022 edition of the Angola Oil…