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Rotterdam, The Netherlands, 12th February 2015: TradeMark Africa (TMA), an organisation supporting the growth of trade in the East African region, today announced the European launch of its Logistics Innovation for Trade (LIFT) fund – a completely new source of financing for transport and logistics companies interested in doing business in the East African Community […]
Players in the logistics industry are reaping the benefits of recently introduced cost and time saving technologies. Mandatory technologies like the Single Window System (SWS) and Electronic Cargo Tracking Systems (ECTS) are helping firms to cut transportation costs and increase speed of cross-border transactions. The SWS which allows submission, receipting and processing of cargo documents […]
NAIROBI, Kenya – Logistics Consultancy firm, TradeMark Africa (TMA), has come up with $20 million to add to the government’s $10 million contribution for improving vital transport infrastructure in Mombasa County writes JOHN SAMBO. On the list is included the improvement of the existing Port Reitz and Moi International Airport access roads. The Transport Cabinet […]
SUCCESSFUL implementation of road projects in the East African region requires firm country commitment and prioritisation, the alignment of national and regional objectives and sufficient engagement and consultation with stakeholders. According to the Director of Infrastructure at the East African Community (EAC) Secretariat Philip Wambugu it was also important to harmonise design, construction and operational […]
While the business community is upbeat about benefits to accrue when Kagitumba-Mirama Hills One-stop Border Post (OSBP) on Rwanda-Uganda border opens in April, there is need to extend financial services to enable people make full use of the new facility. This was noted Thursday as the Minister for East African Community Affairs, Valentine Rugwabiza, visited […]
The cost of international road freight services and Rwanda’s own industry, in particular, has for some years been on the agenda of the Government of Rwanda at all levels of national policy formulation and implementation. Vision 2020 refers to the “natural barrier” that transport costs form in opposition to development, while EDPRS 1 put an […]
The search for home-grown innovations that could cut the cost of transport in East Africa has gained momentum with the recent launch of a Sh1.4 billion ($16 million) fund targeting logistics firms. The Logistics Innovation For Trade (Lift) fund launched by Trade Mark East Africa (TMA) in November will up to the end of February […]
Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link. Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring […]
Six Netherlands Ambassadors based in the EAC countries and the DRC visited the Uganda Revenue Authority (URA), on Thursday 15 January. The main objective of the visit that was organized by TradeMark Africa was to assess the customs reforms at the URA for Uganda and the region, a program that is supported by the Government […]
Kenya Egypt Business Council will include 10 businesses from each country to help deepen bilateral ties via quarterly meetings. High-profile government and business leaders revitalized a key African trade and investment relationship Tuesday at the Kenya-Egypt Business Forum in Nairobi, sponsored by Qalaa Holdings. The one-day summit concluded with an announcement that the two countries […]
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