TradeMark Africa’s drive for impact on a continental scale
It is a privilege to witness the growth of TradeMark Africa (TMA) as it reimagines and reshapes trade dynamics across Africa. TMA’s transformative approach and successful outcomes have firmly established it as an effective vehicle for donor investment in trade development; consequently, donor confidence has remained steady over the years. TMA’s dedication to overcoming challenges […]
The future of trade is Green, Digital, and Inclusive
This has been a year of new beginnings. In January, in a ceremony presided over by the Secretary General of the African Continental Free Trade Area (AfCFTA), His Excellency Wamkele Mene, TradeMark East Africa became TradeMark Africa (TMA). This move reflects TMA’s success in delivering results in the Horn of Africa, Southern Africa and West […]
TLIP Reshaping International Trade
In 2019, TradeMark Africa and the IOTA Foundation partnered to change trade processes by removing bottlenecks associated with paperwork, lack of access to information and slow approvals. Under the Trade Logistics Information Pipeline (TLIP) programme, TMA and IOTA set out to develop and implement an electronic exchange of trade information across borders, aiming to reduce […]
TradeMark Africa Receives $63 Million from Netherlands to Advance Sustainable Trade and Economic Inclusivity
Nairobi, 8 February: The Government of the Netherlands, through its Ministry of Foreign Affairs, in a significant boost to global trade development, has announced a $63 million funding to TradeMark Africa, a leading aid-for-trade organisation. This strategic investment will fuel TradeMark Africa’s Strategy 3, covering the period till 2030, aimed at driving green, sustainable economic […]
TradeMark Africa spearheading a favourable digital trade environment for innovation
Recently, at the World Trade Organization Chair’s International Conference on Digital Trade – The Way Forward, TradeMark Africa (TMA) Director of Digital Trade Erick Sirali delved into the role of the African Union’s (AU) Digital Transformation Strategy and the African Continental Free Trade Area (AfCFTA) Secretariat in shaping Africa’s digital trade landscape. The AU’s strategy is focused on creating a digitally […]
Tunisian customs and trade officials keen to establish ties with TradeMark Africa
TradeMark Africa (TMA) recently welcomed a high-level delegation of Tunisian Customs officials in Nairobi. The meeting focused on trade facilitation initiatives, eyeing potential future collaborations to connect the continent’s northern and southern regions. Alongside Tunisian Ministry for Trade and Export Development and a team from GIZ’s Support to Trade Agreements with Africa project, the delegation […]
Kenya to host Pan-African Payment and Settlement System (PAPSS) headquarters
Kenya has accepted to host the headquarters of the Pan-African Payment and Settlement System (PAPSS), which is expected to enable traders on the continent to settle deals in their respective national currencies. According to President William Ruto, during the African Continental Free Trade Area Conference at Strathmore University on November 7th 2023, Kenya as a […]
Abidjan-Lagos Corridor Secures $15.5 Billion Investment Interest: Africa’s Economic Potential Highlighted
The Abidjan-Lagos highway corridor, a crucial infrastructure project in West Africa, has secured a substantial $15.5 billion in investment interest, as revealed by Dr. Akinwumi Adesina, President of the African Development Bank, at the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco. This corridor is anticipated to boost regional integration, sustainable economic development, […]
High costs of air travel in Africa stifle tourism
The high cost of air travel in Africa has been described as a barrier to tourism. Travellers within the continent not only pay higher ticket prices but also more tax to board a commercial aircraft. This emerged at the just-ended World Travel and Tourism Council (WTTC) global summit in Kigali, Rwanda. Speakers at the high-profile […]
Uganda, East Africa traders hopeful as global shocks ease
Uganda’s economic indicators spell better conditions for the private sector and business compared to other countries in the region, according to an expert study, the Africa Trade Barometer (ATB). Uganda’s overall macroeconomic conditions are “average with a slight positive outlook relative to the other countries in the Stanbic Bank Africa Trade Barometer.” “As such, Uganda’s […]