Country: Djibouti

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 growth, fostering innovative trade practices, and promoting inclusive trade across Africa. This move underscores the Netherlands' commitment to enhancing economic opportunities, job creation and facilitating sustainable trade throughout the continent. Marchel Gerrmann, Ambassador for Business and Development Cooperation at Netherlands Ministry of Foreign Affairs, said: “TradeMark Africa will significantly contribute to a more inclusive and prosperous trade landscape for the African continent, benefitting both African and Dutch businesses." The Netherlands’ contribution will be invested in strengthening trade systems so that they benefit local exporters, foster economic growth, and create sustainable livelihoods across diverse sectors. This investment will be instrumental in improving market access for local products at the global level, in addition to bolstering initiatives that drive innovation, research, and development within the African market, enhancing competitiveness and green trading practices. As part of its Africa Strategy, the Netherlands contributes towards the implementation of the African Continental Free Trade Area (AfCFTA). The AfCFTA is expected to boost intra-African trade over 30% by 2045 and is projected to provide an average extra 2.7% GDP boost across the continent. The AfCFTA could lift 30 million Africans out of poverty by 2035, offering market opportunities to both African...

The European Union (EU) Keen to Deepen Trade Ties with Kenya

Members of European Parliament’s International Trade Committee, on November 3, 2022, held talks with teams from TradeMark East Africa, Kenya’s Ministry of Trade and regional private sector representatives on investment opportunities, trade relations and barriers. Led by committee chair, Bernd Lange, the team sought to understand key concerns around the interim Economic Partnership Agreement (EPA) between Kenya and the EU and how trading between the two partners can be more mutually beneficial. Mr. Lange also highlighted the need to reflect on a regional perspective in the negotiations with Kenya, which is no longer categorised as a least developed country (LDC) as its East African Community (EAC) counterparts. While the country’s exports still benefit from preferential treatment, Kenyan exporters face stringent requirements on labelling, rules of origin and phytosanitary standards, according to the State Department of Trade. In the last half a decade, Kenya has been a net buyer of commodities from the EU, with imports hitting US$1.9 billion in 2019, less than half of the US$916 million Kenya exported to the EU, according to the Overseas Development Institute (ODI). Kenya exports mostly horticultural products. With favourable trade conditions and increased efficiencies in the production and supply chains, Kenya can significantly scale up its share of exports of cut flowers, vegetables, macadamia, avocados, sweet potatoes, pineapples, coffee, and apparel, in response to burgeoning demand in the EU. The delegation also heard of how Kenya and East Africa are positioned to tap into the immense potential of the African Continental Free Trade...

Fleet Management System

[vc_row][vc_column][custom_inner_menus select_menu="project"][/vc_column][/vc_row][vc_row][vc_column][single_project_block_1 heading="Fleet Management System " implementor="Djibouti Port Community System (DPCS) and Djibouti Ports, Corridor and Roads (DPCR)" target_group="Transporters and Transport Regulatory Institutions " project_value="US$900,000" implementation_period="Jan 2022- Dec 2025" download_btn_text="Download Project PDF" download_btn_link="https://www.trademarkafrica.com/download/63310 /"]Ethiopia imports 2.7 million tonnes of fertiliser and 1.7 million tonnes of wheat between September and June each year; this is in addition to the all the other types of goods already being transported through out the year. Considered a high season, the increased volumes demand an additional 3,500 (approx.) trucks to be deployed as a complement to the 15000 trucks that already ply the route.   Yet, each year, there is a supply-demand disconnect that emerges from known cause effects; and resultantly multi-pronged challenges that delay delivery of goods. First, there is no fleet management system in existence, therefore, the government of Ethiopia is incapacitated to plan truck allocation that can inform the industry players on the gaps for supply. Lack of information to the industry results to shortage of trucks, the ensuing confusion and delays are far reaching, least of all for humanitarian cargo and critical agricultural inputs which in turn affect production in agriculture dependent Ethiopia. Industry players estimate that 4000 trucks ply the Djibouti Corridor daily, however there is no official government figure to confirm this number. Yet this is critical to inform potential investors in the logistics sector, as well as inform in coordination and supervision of truck on the corridor.  The ripple effect of this, is increased delays and increased costs...

Djibouti Chamber of Commerce e‐Certification

[vc_row][vc_column][custom_inner_menus select_menu="project"][/vc_column][/vc_row][vc_row][vc_column][single_project_block_1 heading="Djibouti Chamber of Commerce e‐Certification" implementor="Djibouti Chamber of Commerce " target_group="Exporters, Transporters " project_value="US$200,000" implementation_period="Jan 2022- Dec 2025 " download_btn_text="Download Project PDF" download_btn_link="https://www.trademarkafrica.com/download/63305 /"]Djibouti Chamber of commerce currently issues preferential/ordinary manual Certificates of Origin, which consumes more time and resources. This project seeks to automate the processes by developing an online platform for application, approval and issuance of certificates of origin as well as develop a database for managing membership for the Djibouti Chamber of Commerce. How: The platform will have three main modules: Application of Certificate of Origin, Approval and issuance of Certificate of Origin and Customer Relations Module. The three main modules will be supported by the following other modules: Online Registration of Members, Online/Mobile Payment of Services and Reporting Module. This platform will facilitate a reduction in cost and time for application, approval, and issuance of Certificates of Origin to the members of the Chamber. It will also enhance information sharing between the National Chamber, its partner offices as well as its members who are the greatest asset of the Chamber. Contact: Email: Sjoerd Visser Sjoerd.visser@trademakea.com[/single_project_block_1][/vc_column][/vc_row][vc_row el_id="desired-result"][vc_column][vc_row_inner css=".vc_custom_1573136679976{margin-right: 10% !important;}"][vc_column_inner width="1/2"][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] Desired Results: Improved Efficiency and Capacity of Djibouti Corridor[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row disable_element="yes"][vc_column][project_single_ele_3_container heading="More Project Insights." sub_heading="Projects Highlights From A Glance" slide_1="info access for 20 crops & over five breeds of livestock" slide_2="info access for 20 crops & over five breeds of livestock" slide_3="info access for 20 crops & over five breeds of livestock"][single_project_content] Key expected results include; Tanzania’s logistics sector is efficient for improved trade services [/single_project_content][single_project_content]...