The African Union, AU, is counting on the Moroccan Tanger Med Port to achieve the logistics integration of the continent, a key objective of African Continental Free Trade Area agreement CFTA. Tanger Med Port is awash with opportunities for the continent, said Wamkele Mene, Secretary General of the CFTA Secretariat. “Logistics and distribution services are really the key to boosting intra-African trade,” Mene insisted. “Goods could be transported by sea, reducing the cost of trade on the continent,” he added. In 2020, the port handled 5.8 millions of EVP containers despite the global pandemic, scoring a 20 per cent increase compared to 2019.

Source: The North Africa Journal June 14, 2021 15:11 UTC