Sultan Ahmed Bin Sulayem, DP World chairman, met with the Presidents of Ghana, Uganda and Rwanda in Dubai, to discuss how to take best take advantage of the 400% increase in trade between Africa and rest of the world in last two decades.<\/p>\n
\u201cAfrica\u2019s trade potential is enormous. Infrastructure development is more important than ever to maintain and increase this growth momentum,\u201d he said.<\/p>\n
Reducing costs<\/strong><\/p>\n \u201cWe also expect that technology will completely disrupt supply chains in the future \u2013 consider the implications of blockchains, the Internet of Things and autonomous ships \u2013 reducing the cost of trade and development in Africa too.\u201d<\/p>\n Mr Bin Sulayem pointed out that Public Private Partnerships (PPPs) are the route to progress because they are an effective model to fund infrastructure projects, but robust government policy and transparency are essential to its success.<\/p>\n Business plan<\/strong><\/p>\n DP World also used the meetings to shed light on the company\u2019s business plans for the continent, where its presence has grown from five to seven countries in the last two years, including Algeria, Egypt, Djibouti, Senegal, Mozambique, Rwanda and Somaliland.<\/p>\n The operator has partnered with local governments in all seven countries to help develop trade infrastructure including ports, inland container depots (ICDs), customs processes and multimodal seamless supply chains.<\/p>\n In Senegal, the operator recently announced that it will build an integrated port, logistics and economic zone in Dakar for the creation of cargo and free movement of goods to support the country\u2019s economic diversification, boosting non-resource exports.<\/p>\n","protected":false},"excerpt":{"rendered":" New commerce and tech innovation are the key create better supply chains and reach the region\u2019s true trade potential says DP World.<\/p>\n","protected":false},"author":8,"featured_media":11282,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[72],"tags":[],"sponsor":[],"class_list":["post-11281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa-greenport"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/11281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=11281"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/11281\/revisions"}],"predecessor-version":[{"id":11283,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/11281\/revisions\/11283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/11282"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=11281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=11281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=11281"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=11281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}