The partnership plans to address business challenges and foster collaborative opportunities. The alliance aims to make intra-African commerce more accessible, efficient, and cost-effective.
UACCIAP and DP World will provide African firms with a platform for connecting, sharing business information, access to fairs and exhibits, sectorial and general delegations, and logistical support under the terms of the agreement.
“We are dedicated to supporting the growth of African businesses and foster trade within the continent. Poor road, rail and maritime infrastructure add as much as 40 per cent to the costs of goods traded among African countries,” said DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem,
“At the same time, intra-African trade makes up just 13% of its total. This agreement will provide our members with a valuable platform to reach new markets and expand their operations,” he added.
“This partnership is a significant step towards promoting trade and investment between African countries. We have witnessed many African countries drive their economies towards higher growth and we are fully confident in our continent’s offering to the world,” commented UACCIAP Chairman Ahmed El Wakil. “We are delighted to partner with DP World, a global leader in logistics and e-commerce, to connect African businesses with new opportunities and markets.”
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed.  |
