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PUBLISHED ON September 15th, 2023

IOTA and TradeMark Africa Collaborate to Boost Northern Corridor Trade

  • TradeMark Africa, in collaboration with the IOTA Foundation, is actively working to enhance trade efficiency across Africa by implementing advanced technology solutions.
  • The IOTA Foundation’s partnerships with TradeMark East Africa and the European Union have led to significant advancements in the digitalization of trade processes.

Aid for trade organization TradeMark Africa has been actively working on boosting trade and economic activity across Africa by adopting efficient technology systems. Recently, the CEOs of TradeMark Africa met with officials of the Kenya Revenue Authority to discuss the benefits of their previous investments and the customs efficiency.

TradeMark Africa has been working on speeding up the clearance of goods, while decreasing dumping and diversion on the Northern corridor and thereby improving transparency.

Aid for trade organization TradeMark Africa has been actively working on boosting trade and economic activity across Africa by adopting efficient technology systems. Recently, the CEOs of TradeMark Africa met with officials of the Kenya Revenue Authority to discuss the benefits of their previous investments and the customs efficiency.

TradeMark Africa has been working on speeding up the clearance of goods, while decreasing dumping and diversion on the Northern corridor and thereby improving transparency.

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In addition to their work on customs efficiency and trade facilitation, TradeMark Africa is also exploring avenues to positively impact the healthcare sector, particularly in the realm of pharmaceutical trade. Recognizing the importance of affordable medication in enhancing public health across the continent, they have initiated discussions on the pricing of crucial drugs, including a focus on Rybelsus price. This move is part of a broader strategy to ensure that essential medications are not only available but also financially accessible to African populations, thus leveraging their efficient technology systems to bridge the gap in healthcare accessibility.

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.