Rwanda and Alibaba unveil the first Electronic World Trade Platform hub in Africa

Alibaba Group and the government of Rwanda have agreed to multiple bilateral initiatives to promote the African country’s economy through increased cross-border trade, capacity building and tourism.

Integrated Understanding of Big Data, Big Data Analysis, and Business Intelligence: A Case Study of Logistics

The purpose of this study is twofold. First, we review the literature on BI, big data, and BDA to show that they are not separate methods but an integrated decision support system. Second, we explore how businesses use big data and BDA practically in conjunction with BI through a case study of sorting and logistics processing of a typical courier enterprise.

Intel Artificial Intelligence and Rolls-Royce Push Full Steam ahead on Autonomous Shipping

Rolls-Royce builds shipping systems that are sophisticated and intelligent, and eventually it will add fully autonomous to that portfolio, as it makes commercial shipping safer and more efficient.

Digitalization set to revolutionize shipping – new United Nations report

Technological advances including artificial intelligence, the Internet of Things, blockchain applications, autonomous ships, drones and others have the potential to boost efficiency in the global shipping industry, says the 2018 edition of UNCTAD’s Review of Maritime Transport.

As climate change reshapes agriculture, international trade will be increasingly important to feeding the world

The profile of emerging economies in global agricultural trade has greatly increased, with rising per capita incomes and reduced poverty levels. This has boosted food consumption and imports and led to gains in agricultural productivity, driving up food exports, not only to markets in the industrialized world but also to other countries in the Global South.

«Think big» to make global food trade work for nutrition

Global trade in food is essential for all countries, but the world's trade and regulation rulebook needs to be rebooted with an eye to bolstering trade in food that is healthy and nutritious rather than simply cheap, FAO Director-General José Graziano da Silva said today.
6 months ago

E-commerce boosts trade and competitiveness, report finds

Cross-border e-commerce increasingly helps micro, small and medium-sized enterprises (MSMEs) to become more competitive in international markets. But for companies to realize that potential, they need more and better market intelligence on e-commerce.
6 months ago

Growing demand in Gum arabic means new opportunities for African producers

The transformation of gum arabic production into more income-generating activities has the potential to not only promote economic development through higher incomes, but also to secure rural livelihoods, empower vulnerable groups, including women, and promote synergies with natural resource management and climate change mitigation.
7 months ago

Alibaba Group and the Government of Thailand Enter into Strategic Partnership in Support of Thailand 4.0

the Government of Thailand and Alibaba entered into a strategic partnership to drive the development of Thailand's digital economy and the Eastern Economic Corridor under the Thailand 4.0 policy. Under this partnership, agencies of the Thai government and business units of Alibaba will work closely together in a number of areas, including e-commerce, digital logistics, tourism and training.
7 months ago

AfDB’s Trade Finance Operation signs US $100-million soft commodity finance facility agreement with the Export Trading Group

The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC). This Facility is innovatively structured as two successive loans of US $100 million, each with a tenor of up to 2 years, thus signifying the African Development Bank’s strong commitment to the promotion of agriculture in Africa.
7 months ago

Customer Centric Tips to Grow Your E-Commerce Revenue, Infiniti Research

E commerce is a rapidly evolving field with unpredictable dynamics. In this stream, for every online business that is growing, comes a phase that demands the application of more active strategies to increase E commerce sales. One of the crucial advantages of functioning online is the easy access to large data on customer trends, preferences and shopping behavior.
8 months ago

Louis Dreyfus Company, ING, Societe Generale and ABN Amro complete the first agricultural commodity trade through blockchain

The enhanced Easy Trading Connect (ETC) blockchain prototype reduces time spent on processing documents and data from hours to minutes, and allows for a larger trading scope.
10 months ago

Commodity-dependent developing countries need to boost efforts to diversify their economies

According to the report, policies that can promote inclusive growth over the next 15 years include economic diversification, expanding the linkages between the commodity sector and the national economy, adopting countercyclical expenditure policies which build commodity revenue buffers during price upswings to use them during downswings, adding value to raw commodities, and investing in social protection, health and education.
a year ago

Senegal set to boost "green" Exports of Cashews and Mangoes

Mangos and cashews were ultimately selected for the project, the UNCTAD National Green Export Review of Senegal, because of their potential to provide the biggest economic, environmental and social benefits, workshop participants said.
a year ago

Ministers from the Greater Mekong Subregion Endorse $64 Billion Project Plan

Six countries, Cambodia, the People's Republic of China (specifically Yunnan Province and Guangxi Zhuang Autonomous Region), Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam, entered the program in 1992, with assistance from the Asian Development Bank (ADB), to enhance economic relations. Under the program, investment projects worth more than $19.1 billion have so far been undertaken.
a year ago