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The consortium, which also includes Bollore Africa Logistics and Nippon Yusen Kaisha, will develop and operate a 600-metre quay and a new 21.2-hectare terminal for the import, export, and transshipment of vehicles.

Toyota Tsusho to build Egyptian vehicle terminal at East Port Said

Our Correspondent6 Jan 2020 6:19 PM IST

A consortium led by Toyota Tsusho Corp, a unit of Japan's Toyota Group, signed a deal to set up and operate a roll-on, roll-off vehicle terminal at...

The eSW will reduce the 44 days hectic long paperwork process for importers and exporters to 13 days and eventually to 3 days.

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After eWTP, Ethiopia unveils customs processing platform for traders

Our Correspondent6 Jan 2020 4:52 PM IST

Ethiopian prime minister Abiy Ahmed has launched Ethiopia Electronic Single Window Project (eSW).

The company targets the low-income population in remote areas through small shopkeepers who serve as order and delivery points.

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E-commerce platform Copia raises $26 mn Series B funding led by LGT Lightstone

Our Correspondent3 Dec 2019 7:04 PM IST

Ambassador Erastus Mwencha, TMEA board chair; and ambassador Albert Muchanga, commissioner for trade and industry, AU.

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AU, TradeMark East Africa join hands to boost intra-African trade

Our Correspondent30 Nov 2019 10:31 PM IST

Black Friday originated in the US and has fast become known as the start of the famous sales weekend following Thanksgiving Day, with brands offering unprecedented deals and discounts to shoppers.

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DHL Africa eShop opens Black Friday sale on internationals brands

Our Correspondent27 Nov 2019 8:57 PM IST

Founded in 2012 by Sacha Poignonnec and Jeremy Hodara – former McKinsey consultants, the platform operates in 14 countries making it the leading e-commerce firm in the continent.

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Jumia ends ecommerce operation in Cameroon

Our Correspondent25 Nov 2019 4:46 PM IST

Ghanaian president Nana Addo Dankwa Akufo-Addo, the president of the AfDB Akinwumi Adesina, senior officials from Credit Suisse and ICBC, oversaw the signing at a ceremony held at Africa Investment Forum in Johannesburg.

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AfDB signs $600 mn loan agreement with partners to boost Ghana’s cocoa production

Our Correspondent13 Nov 2019 4:30 PM IST

Koffi Klousseh, Africa50’s project development director; and Richard Nelson, deputy coordinator

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Power Africa, Africa50 ink pact for energy projects

Our Correspondent13 Nov 2019 4:11 PM IST

Ras Ghareb Wind Energy is the first wind farm tendered on BOO scheme and is part of the Egyptian government’s drive to increase the share of renewables in the energy mix with a target wind generation capacity of 7 GW by 2022.

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ENGIE Africa consortium begins operation of Egypt’s first largest wind farm

Our Correspondent4 Nov 2019 9:17 PM IST

Kojo Oppong Nkrumah, Ghana information minister said the huge investment is to step up Ghana's production to 1.5 million tonnes by 2027.

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Ghana's cocoa sector to receive $600 million to increase production

Our Correspondent4 Nov 2019 7:28 PM IST

The strategy supports the establishment of a dedicated AfCFTA committee to help the private sector to identify new markets on the African continent.

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Togo sets seven strategic action points for implementing AfCFTA

Our Correspondent24 Oct 2019 6:07 PM IST

(L - R): Joohoon Kim, chargé d’ Affaires of the Republic of Korea in Angola; Moono Mupotola, AfDB director for regional development & regional integration; Joffre Van-Dúnem Júnior, minister of commerce; Sérgio dos Santos, secretary of state for economy; Joseph Ribeiro, AfDB country manager for Angola.

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AfDB funds Angola to improve business environment, diversify exports

Our Correspondent24 Oct 2019 5:50 PM IST