WACAM Project Advances Customs Modernization in West Africa

WACAM Project Advances Customs Modernization in West Africa

The West Africa Customs Administration Modernization (WACAM) project aims to improve customs management and operational efficiency in West African countries. Through regional workshops and national support missions, it shares best practices in strategic management and provides capacity building support in areas such as human resource management, stakeholder relations, and resource mobilization. The project has successfully held resource mobilization workshops and will continue to advance stakeholder relations workshops, contributing to customs modernization in West Africa. The goal is to create more effective and efficient customs administrations.

12/30/2025 Customs Knowledge
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Zimbabwe Zambia Boost Trade with Customs Data Link

Zimbabwe Zambia Boost Trade with Customs Data Link

With the support of the World Customs Organization, Zimbabwe and Zambia are advancing customs data interconnectivity to facilitate cross-border trade. By standardizing data, establishing data exchange protocols, and creating a change management framework, the two countries aim to reduce clearance times, lower trade costs, and enhance risk management capabilities. This initiative serves as a model for customs cooperation in other African nations, promoting regional economic integration. The project emphasizes streamlined processes and improved efficiency, ultimately contributing to a more competitive and integrated trading environment.

01/05/2026 Customs Knowledge
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Arab International Bank SWIFT Code Simplifies Crossborder Transfers

Arab International Bank SWIFT Code Simplifies Crossborder Transfers

This article provides an in-depth analysis of the SWIFT code system of the Arab African International Bank (SAIB) in Egypt, offering a guide to efficient cross-border transfers. It covers the head office and branch codes, usage scenarios, the complete transfer process, third-party platform selection, and frequently asked questions. The aim is to help users avoid errors and ensure that funds arrive safely and quickly. The guide offers practical advice for navigating international banking with SAIB and understanding the nuances of SWIFT codes in the Egyptian banking context.

09/03/2025 International Settlement
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Gabon Unveils Lucina Terminal As Key Oil Export Hub

Gabon Unveils Lucina Terminal As Key Oil Export Hub

Lucina Terminal, a significant oil export port in Gabon, is located near Mayumba in Nyanga Province. It is known for its unrestricted draft and efficient oil loading capabilities. Operating 24 hours a day, this port is a crucial hub for Gabon's oil economy, and understanding it provides insight into the country's overall economic situation. Other important Gabonese ports, such as Cape Lopez and Port-Gentil, also support the nation's foreign trade. The port plays a vital role in the West African shipping landscape due to its strategic location and oil handling capacity.

09/29/2025 Port Encyclopedia
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South Africas SARS Boosts Female Leadership in Organizational Overhaul

South Africas SARS Boosts Female Leadership in Organizational Overhaul

The World Customs Organization (WCO) held an all-women leadership workshop in South Africa for the South African Revenue Service (SARS). The workshop aimed to enhance the leadership skills of female managers and promote institutional reform. Focusing on the challenges faced by SARS, the workshop covered topics such as strategic management and personnel management. Participants actively engaged and benefited greatly. Funded by the Finnish Ministry for Foreign Affairs, the event reflects the importance placed on women's leadership development and customs modernization. This initiative contributes to building a more inclusive and effective customs administration.

01/07/2026 Customs Knowledge
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Gambia Revenue Authority Leads HR Modernization in West Africa

Gambia Revenue Authority Leads HR Modernization in West Africa

The World Customs Organization (WCO), through the West Africa Customs Administration Modernization (WACAM) project, is supporting the Gambia Revenue Authority (GRA) in implementing a competency-based human resource management model. A WCO expert team reviewed GRA's HR management tools and provided recommendations for improvement and an implementation plan. GRA is expected to become a benchmark in human resource management in the West and Central African region, offering valuable lessons for other countries. This initiative aims to enhance efficiency and effectiveness within the GRA through strategic human resource development.

01/07/2026 Customs Knowledge
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VLCC Market Investment Opportunities Analyzed

VLCC Market Investment Opportunities Analyzed

Drewry's independent analysis of the VLCC market provides investors with essential market insights, including supply and demand conditions, market dynamics, and future trends, helping clients better assess investment opportunities in the shipping sector.

08/06/2025 Logistics
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USDJPY Hits 14771 Amid Market Volatility

USDJPY Hits 14771 Amid Market Volatility

Currently, 100 US dollars can be exchanged for 14,770.83 Japanese yen, and fluctuations in the exchange rate have once again attracted market attention. Analyzing recent changes in the exchange rate can help investors capitalize on investment opportunities in the Japanese market.

08/09/2025 Exchange Rate Query
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