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Egypt’s Customs Automation Shows Growth Lies in the Speed of Exports and Imports (By Mazen Abualghanam)

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Customs Automation

Some experts put the economic growth driven by digital transformation in Africa at US$180 billion, and if trends continue it could rise to US$712 billion by 2025

DUBAI, United Arab Emirates, October 5, 2022/APO Group/ — 

By Mazen Abualghanam, Projects Manager at Webb Fontaine (www.WebbFontaine.com)

In any business, speed is a factor. Whether a business is a large corporation or a small to medium enterprise (SME), its profits, consumer satisfaction and its ability to grow are tied to how quickly its operations can be carried out. Enterprise growth rates, in turn, feed into the GDP of the nations they operate in and, on a wider scale, the continent. If speed is negatively affected, growth is stymied, and economic growth is stunted. Nowhere is this clearer than in the import/export industry, with its global supply chains being impacted over the past few years by multiple factors. 

Technology and free trade key to Africa’s  growth  

The ease of goods movement is integral to economic growth, and Africa is well placed to reap the benefits of this, thanks to two important factors. Technological advancements, connectivity growth and automation have already uplifted many industries around Africa (https://bit.ly/3rxHAtA), and through private-public partnerships, they are  also helping speed up the flow of goods into and out of the continent.  If the ease of regional and international trade improves, the intra-Africa trade figure could be significantly higher than the current 15.4%.  

The ease of goods movement is integral to economic growth, and Africa is well placed to reap the benefits of this, thanks to two important factors

Some experts put the economic growth driven by digital transformation in Africa at US$180 billion, and if trends continue it could rise to US$712 billion by 2025.   

The Egypt example 

An example of this can be seen in the partnership involving Misr Technology Services, Webb Fontaine and the government in Egypt (https://prn.to/3SFCCH6). In a deal signed in 2021, Webb Fontaine was chosen to spearhead a project to deliver a newly upgraded nationwide Integrated Risk Management (IRM) service at Egypt’s ports and borders. The project is set to support the rapidly growing Egyptian Trade and Customs sector, which has ambitions to expand and develop into one of the region’s most advanced cargo handling and forwarding destinations. 

The IRM, which uses advanced technology including machine learning and artificial intelligence (AI) provides cover not only the Customs Authority in Egypt, but also the other government agencies involved in regulating trade across the border. The IRM works on a ‘trigger system’, to advise and implement inspection, reviewing and processing of export and import goods by a specific agency or customs. It draws on a steadily growing database of importers and exporters, as well as their goods and services, to speed up customs processes, tagging certain goods for ‘green lanes’ (which move swiftly) and ‘red lanes’ (which require inspection), based on each stakeholder’s compliance history and other indicators.  

Customs officials have all the necessary data and documentation pertaining to cargo and suppliers on one platform that is constantly evolving and upgrading thanks to user feedback. The platform’s developers are cognisant that as new requirements or challenges in the supply chains are encountered, stakeholder feedback is listened to, considered, and applied.  

The speed with which goods can now move across the border into Egypt has been vastly improved thanks to this automation of customs processes. In fact, the project has proven so successful that it has been rolled out in August 2022 to cover all ports and borders in Egypt. There will be a tangibleimpact as legitimate and compliant goods are no longer being held up for hours – even days – which can have knock-on detrimental effects all the way down the supply chain. For example, trucks containing goods which incur extra fuel, time, warehousing and possibly parking costs due to delays, will cause the products it is carrying to be more expensive by the time they arrive at their destinations. Due to this project’s success, many of these logistical problems will be mitigated.  

Egypt’s partnership with Webb Fontaine and Misr Technology Services has paid dividends for the import/export industry and it is an example that clearly shows collaborations of this kind are good, not only for businesses and customs, but are vital in growing the economies of African nations.

Distributed by APO Group on behalf of Webb Fontaine.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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