Browsing: trade
Agreement with Terminal Investment Limited and Maha Capital Partners targets higher capacity, new jobs, and an Africa–Europe–Middle East logistics role.
BATSA plans to end local cigarette production as illicit trade nears 75%, shifting to imports & consulting staff on Heidelberg plant closure.
Tanzania’s external trade performance has shown notable strength, led by sharp increases in gold export receipts and supported by rising services receipts.
Intra-African trade has climbed to about Sh28.8 trillion (around $220.3 billion), signaling growing momentum in regional commerce. But experts warn that the African Continental Free Trade Area (AfCFTA) is still falling short of its intended on-the-ground impact, with implementation delays and persistent frictions limiting how fast deeper integration can move.
How Kenya’s exit from COMESA sugar safeguards opens the domestic market and shifts focus to competitiveness and integration.
DHL Express invests €300m in Africa, to expand air connectivity, strengthen logistics & support faster, more reliable trade flows.
The African Development Bank Group and Nedbank Group sign a landmark financing deal combining affordable housing finance with trade finance support to accelerate inclusive growth.
As trade volumes rise and infrastructure expands, demand for container shipping is rising. However, the continent’s maritime logistics sector suffers from capacity limits, congestion and geopolitical disruption.
The East Africa Commercial and Logistics Center (EACLC) streamlines trade, boosts wholesale markets and expands regional buyer networks.
New financing expands transport connectivity by improving Somalian roads, strengthens cross-border linkages and supports regional integration under the Horn of Africa corridor initiative.