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The ports of Dar es Salaam and Mombasa have registered a general decline in cargo transfer time by 12%, thanks to technical support from TradeMark Africa (TMA), a donor-supported organization formed to facilitate cross-border business in the region. This was revealed last week, at the East African Community (EAC) headquarters during discussions between the EAC secretary-general, Dr Richard Sezibera, and TMEO chief executive officer Frank Matsaert. The meeting was convened to lay the ground for the next phase of implementation of the organization’s support to EAC from this year to 2022. Ministerial representatives from the five partner states: Tanzania, Uganda, Kenya, Burundi and Rwanda attended the meeting.
It emerged through the talks that the EAC, through TMA, had implemented a number of projects to improve the quality of life of East Africans through competitiveness, value-added production, trade and investments. This has also included improvement of Mombasa Port infrastructure and construction of a road network between Ntungamo to Mirama Hill in Uganda and another from Port Reitz also in Mombasa to Kipevu West in Kenya. The EAC is gearing up to become a major regional logistics hub that can attract investors to start up various businesses.
Source: Hellenic Shipping News Worldwide
Disclaimer: The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of TradeMark Africa.