Continental free trade area to boost e-commerce in Africa

High-level session at UNCTAD's Africa eCommerce Week shows that the continent has the potential to scale e-commerce enterprises - but its new free trade area will be key.

EU's Call for Proposals: Modelling international trade in agri-food products

Trade modelling has a long-standing tradition but some issues are notoriously difficult to assess and include in the existing simulation models.
Application Deadline in a month

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.
7 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.
7 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.
8 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.
8 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.
8 months ago

Five European development banks present proposals to foster the internationalization of small and medium-sized enterprises

Despite the positive effects of a stronger international focus on productivity, growth and sustainability, the study found out that only a small number of European SMEs are considering exporting or importing. The main obstacles include a lack of information about international markets, difficulties finding business partners abroad, cumbersome administrative processes and limited human resources.
9 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.
9 months ago

Vietnam’s shrimp exports reached US$3.5 billion

As of November 2017, Vietnam’s shrimp exports reached US$3.5 billion, up 21.8% over the same period in 2016. This represented the efforts of enterprises when facing difficulties in exports to markets.
10 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.
a year ago

Maersk and IBM to Form Joint Venture Applying Blockchain to Improve Global Trade and Digitize Supply Chains

Maersk, a global leader in container logistics, and IBM, a leading provider of blockchain, supply chain visibility and interoperability solutions for the enterprise, will use blockchain technology to power the new platform, as well as employ other cloud-based open source technologies including artificial intelligence (AI), IoT and analytics, delivered via IBM Services, in order to help companies move and track goods digitally across international borders.
a year ago

Egypt: new e-commerce strategy aims to double online businesses

Without a fast and reliable connection, businesses and customers will struggle to connect to e-commerce platforms and e-marketplaces, and companies will find it difficult to deliver digital services, such as data analytics and digital marketing.
a year ago

Blockchain, A technology with great potential for the global trade in goods

For the logistics sector, blockchain is less threatening than it is attractive: A transport chain could be documented without any gaps and the genuineness of the shipped object could be guaranteed.
a year 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

DMCC and China partnership to create Dubai marketplace for the Global Coffee Trade

A report recently released by the International Coffee Organization confirmed that global exports in coffee year 2016/17 increased by 4.8% to 122.45 million bags compared to 116.89 million bags in the previous year.
a year ago

European Commission has set out a Renewed Vision on how to help Developing Countries Achieve Prosperity through Trade and Investment

Globally the EU and its Member States are the biggest provider of Aid for Trade. In 2015 alone, EU commitments amounted to a record €13.16 billion per year.
a year ago

Alibaba Group Generated US$25.3 Billion of GMV During the 2017 11.11 Global Shopping Festival

Alibaba announced that US$25.3 billion (RMB168.2 billion) of gross merchandise volume (GMV) was settled through Alipay on November 11, 2017, an increase of 39% compared to 2016. Mobile GMV settled through Alipay accounted for 90% of total GMV.
a year ago

Applications now Open for SheTrades Global to be held at the UK’s International Business Festival

The 2018 edition of SheTrades Global will highlight four sectors, beauty and wellness; IT and business-process outsourcing; textiles and apparel; and tourism. Women entrepreneurs are encouraged to submit their applications by 31 December 2017 to be considered for participation.
Applications are closed
a year ago

Partnership to Develop Supply Chain Financing Solution in ASEAN and Greater China

This is particularly true in Southeast Asia and China where economic growth is particularly dynamic and future competitiveness can no longer exclusively be based on lower costs. The use of digital technologies to streamline supply chain financing is therefore an important topic not only for companies of all sizes but also for governments in the region.
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

ADB Launches New Funded Trade Finance Product with J.P. Morgan to Promote Trade in Developing Asia

The agreement is expected to finance more than $100 million in trade, which will help importers and exporters in developing Asia. Small- and medium-sized enterprises (SMEs) will be the biggest beneficiaries to augment their pre- and post-shipment financing needs.
a year ago

IBM Announces Major Blockchain Solution to Speed Global Payments

IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
a year ago

E-Commerce and Marketing Management

The utilization of EC in assembling, retailing and administration operations is inspected, and a system for portraying EC parts and their part in various regions of an association is proposed.
a year ago

African Development Bank releases second Trade Finance in Africa survey report, “Overcoming Challenges”

The African Development Bank has so far supported more than US $5 billion of trade involving 90 banks in 25 African countries. The key sectors supported are agriculture (22%) and manufacturing (25%). Intra-African trade represented at least 20% of total trade supported.
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

An Analytical Study on the Export Performance of Dairy Industry in India

This paper tries to examine the issues regarding ‘Export Performance of Dairy Industry of India’: Trends, Challenges and suggestions for improving the trade situation.
a year ago

The Value Chain of Exported Whiteleg Shrimp: Case Study in Khanh Hoa Province, Vietnam

This study focuses on systematic mapping and verification of benefit distribution among stakeholders in the value chain of white-leg shrimp in Khanh Hoa Province, Vietnam.
a year ago

$1.5 Trillion Trade Finance Gap Persists Despite Fintech Breakthroughs

Survey respondents believe that fintech and digitization can be a solution to a lack of MSME finance, although awareness and usage of this technology has to be improved. And while fintech is reducing the cost of delivering finance to companies, there is no evidence it is reducing market gaps.
a year ago

Importance of Strategic Social Media Marketing

The purpose of this paper is to examine the strategic opportunities of social media marketing for organizations. By providing a comprehensive conceptualization and definition of social media marketing, this research outlines its role in advertising, Customer Relationship Management, and e-Word-of-Mouth.
a year ago

International Enterprise Singapore Unveils Plan to Help Trading Sector Digitalise for Global Growth and Productivity

Digital business-to-business (B2B) e-Commerce transactions are expected to reach US$6.7 trillion by 2020. To overcome disruption and tap this growth, Singapore needs to build a conducive environment for digital marketplaces and platforms to flourish.
a year ago

Overcoming The Challenges Of Food Importation And Agricultural Development In Nigeria

The main challenges were identified to include a criminal neglect of the agricultural sector as a whole by past administration; rapid population growth, defective agricultural policies and poor execution of such policy. To overcome these challenges, a holistic approach to agricultural development, research, extension services and use of improved technologies was advocated and outlined.
a year ago

United Arab Emirates will invest US$1.5 billion in Dubai Food Park

DFP seeks to enhance Dubai’s position as a leading regional hub for food trade, import, export and re-export of foodstuffs. Conceptualized at a time when food trade makes up 11 percent of the UAE’s GDP and the food industry is estimated to grow by 70 percent to US$6.3 billion by 2030, the Park will offer all categories of food wholesale services to meet the high demand of the food sector in the UAE and the wider region.
a year ago

ITC launches Export Potential Map for Businesses in Developing Countries to identify and target Market Opportunities

Export Potential Map pulls in data from a range of sources including import and export data, tariffs, gross domestic product, and geographic data. Based on this data, the tool can quickly carry out evaluations of a country’s potential to export: in specific sectors and to what markets. This represents a unique opportunity for developing countries to ramp up their exports.
a year ago

OECD and FAO see Slower Growth in Demand keeping World Food Prices Low

Global food commodity prices are projected to remain low over the next decade compared to previous peaks, as demand growth in a number of emerging economies is expected to slow down and biofuel policies have a diminished impact on markets, according to the latest 10-year agricultural outlook published today by the OECD and FAO.
a year ago