channel growth News

Ghanas Takoradi Port Berths Record 300000ton Vessel

Ghana's Takoradi Port is set to receive the 'CBS Years', a 300,000-tonne bulk carrier, the largest ever in West Africa. This marks a new era for Ghana's maritime industry, expected to significantly boost bulk cargo exports, increase export revenue, and drive economic growth. Comprehensive technical and operational preparations, including personnel training and risk assessments, have been undertaken to ensure safe berthing and cargo handling. This upgrade demonstrates Ghana's commitment to modernizing its port infrastructure and facilitating increased trade flows.

02/03/2026 Logistics

Lesotho Revenue Authority Advances Operational Excellence in Strategic Retreat

The Lesotho Revenue Authority (LRA) successfully held a high-level strategic retreat to clarify strategic priorities, enhance leadership, and accelerate reform and modernization. The World Customs Organization, the World Bank, and the Finnish Customs Cooperation Fund provided support. The retreat strengthened the management team's cohesion and provided clear direction for the organization's future development. Key focus areas included improving tax administration, fostering effective leadership, and driving strategic growth initiatives to enhance the LRA's overall performance and contribution to Lesotho's economic development.

02/03/2026 Customs Knowledge

West Africa Launches Etransit System to Enhance Trade

With the support of the World Customs Organization, five West African countries have launched an electronic transit information project. This initiative aims to improve the efficiency of regional trade and facilitate economic integration within the region. By streamlining customs procedures and enhancing data exchange, the project seeks to reduce transit times and lower trade costs, ultimately boosting economic growth and strengthening regional partnerships. This collaborative effort underscores the commitment of these nations to fostering a more integrated and prosperous West African trade environment.

02/03/2026 Customs Knowledge

Cape Verde Boosts Trade Through Stakeholder Engagement

Cabo Verde has made significant progress in trade facilitation through the WCO-WACAM project, with effective stakeholder engagement being key. The project supports Cabo Verde in implementing measures related to the WTO Trade Facilitation Agreement and enhancing customs management capabilities. Through collaboration, Cabo Verde successfully completed a Time Release Study at Praia Port, laying the foundation for improved national port efficiency and demonstrating the value of a collaborative approach. This initiative highlights Cabo Verde's commitment to streamlining trade processes and fostering economic growth.

02/03/2026 Customs Knowledge

WCO and WTO Boost Trade Facilitation Leadership Globally

The World Customs Organization (WCO) collaborates closely with the World Trade Organization (WTO) to empower chairs of national trade facilitation committees through initiatives like advanced courses. This partnership aims to enhance their understanding and implementation capabilities regarding the WTO's Trade Facilitation Agreement. The collaboration focuses on simplifying customs procedures, improving border management efficiency, and promoting transparency and sustainable development in global trade. Ultimately, this joint effort contributes to global economic growth by fostering a more streamlined and efficient international trading system.

02/03/2026 Customs Knowledge

Drone Industry to Boom with Policy Backing Tech Advances

The drone industry is poised for significant growth by 2026, driven by favorable policies, technological breakthroughs, and market expansion. The implementation of regulations like the *Civil Aviation Law* provides a foundation for industry development. Continuous technological innovation is expanding application scenarios, with burgeoning use in logistics, agriculture, culture, and tourism. The drone industry is rapidly advancing towards a trillion-yuan market, becoming a core engine of the low-altitude economy. This convergence of factors positions the drone sector for substantial and sustained prosperity.