Group photograph of TMA Board Member, Sanjay Rughani (third from left), and TMA’s Regional Director for East and Central Africa, Monica Hangi (second from left), with a delegation of business leaders from across East Africa and senior government officials. Dar es Salaam, Tanzania, 22 February 2025: Business leaders from across East Africa convened at Dar es Salaam Port to assess progress on reforms and engage with senior government officials on trade challenges. Organised by the Young Presidents’ Organisation (YPO) and TradeMark Africa (TMA), with support from Ireland, UK International Development, and Norway, the high-level mission comes hot on the heels of the signing of a €15 million, four-year European Union-funded programme with the Government of Tanzania. The initiative seeks to improve port efficiency, facilitate trade, and modernise urban mobility across East and Central Africa’s trade corridors. The Port of Dar es Salaam handles 95 per cent of Tanzania’s international trade and serves as a critical gateway for landlocked economies, including Zambia, Rwanda, Uganda, Burundi, Malawi, and the Democratic Republic of Congo (Tanzania Ports Authority, 2024). Yet, inefficiencies - long cargo clearance times, high logistics costs, and infrastructure constraints have over years impeded trade efficiencies and competitiveness. East Africa’s transport costs remain among the highest globally, estimated at 60–70 per cent above international benchmarks (African Development Bank, 2024), making regional trade costly and less competitive. Recognising these challenges, the European Union-backed project, implemented by TMA, the Port of Antwerp-Bruges International, and UN-Habitat, with management support from Enabel, is introducing digital customs...
East African Business Leaders Join Forces with Tanzania Government to Enhance Efficiency at Dar es Salaam Port
Posted on: February 24, 2025
Posted on: February 24, 2025