The key to African economic emergence lies in removal of barriers, increased connectivity between nations and infrastructure development, DP World’s Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, told African leaders and top executives in Dakar Senegal.
“We be believe in the viability of Africa, we believe in investing in the continent during our investment in Senegal we improved efficiency and volumes 135 percent in 10 years,” Mr Bin Sulayem told the audience at the Africa Emergence Conference 2019 in Dakar Senegal.
Addressing a panel on how private institutions can help support emergence in Africa with President Macky Sall of Senegal and Prime Minister Mahatir Mohammed of Malaysia Mr Bin Sulayem explained how economic emergence is dependant on increasing inter African trade and infrastructure development.
“The Removal of trade barriers is very important. In Africa tariffs are 50% higher in than in Latin America and Asia,” he said. “Intra regional trade in Africa is only 12% while in Europe, Asia and Latin America is over 50%, we need to improve this to prosper,” he added.
Mr Bin Sulayem reiterated the company’s commitment to supporting the economic growth of Senegal and developing Dakar into a major logistics hub and gateway for West Africa during the panel with President Macky Sall.
He stressed that as a smart trade enabler, DP World has the extensive expertise and know-how that can help African countries realise their trade and infrastructure goals, while assisting countries to address national ports and logistics infrastructure challenges.
He highlighted the importance of developing a logistics infrastructure reflecting DP World’s activities in Rwanda and Mali.
“We believe in connecting landlocked nations to the world and international markets. Our logistics park in Rwanda will reduce costs across the country and region,” he said. “The Price of container moving from Shanghai to an East African port is anywhere between USD $500 to USD$1000, the price of same container from the port to Kigali is USD$5000,” he added
President Macky Sall of Senegal said to the Audience that DP World helped in the development of Senegal.
“What the CEO said is the truth, in Senegal we have experienced a change because DP World was present before I became President with a concession of 25 years at the Port of Dakar,” he said.
President Sall added that the government, has a consolidation of DP World’s presence and are working together finalise new port investments by DP World in Senegal.
“Country stability is essential but also the stability of the contracts between the a state and the private sector to develop foreign investment. It is evident that the public investment cannot satisfy the basic needs of the population so we need to work with private sector,” he added.
DP World has operations in Senegal, Egypt, Mozambique, Somaliland, Rwanda and Algeria and has recently signed an agreement with the Republic Mali to develop a logistics platform and the Democratic Republic of Congo for the countries first deep-sea port.
Founded in Dubai/UAE, SCLG is a membership driven industry business group with 200+ corporate members. SCLG is expanding internationally to continuously enhance its global foot-print.
Managing supply chain and logistics more effectively shall contribute to positive growth of economy in range of 3% to 5% (GDP terms).
Impact of climate change on managing supply chain should be on agenda of all supply chain professionals.
Oil and Gas industry should enlarge its theme to manage supply chains of larger energy domain.
Reduction in current level of wastage in food supply chain shall help mitigate poverty.
Managing Fresh water supply chain needs attention of all.
Sophisticated demand forecast and planning for sure helps improve efficiency of supply chain.
Dubai Lease Conference , Dubai 15th -16th November 2023
Transport Logistic Southeast Asia , Sands Expo and Convention Centre, Marina Bay Sands, Singapore 01st -03rd November 2023
Supply Chain Logistics Kenya , Nairobi, Kenya 17th -19th August 2023
South East Asia Digital Supply Chain Summit 2023 , Vietnam 22nd June 2023
45th Annual SAPICS Conference , Century City Conference Centre, Cape Town, South Africa 11th -14th June 2023
The 4th Indonesia International Transport, Logistics, Equipment & Services Exhibition 2023 , JIExpo Kemayoran, Jakarta, Indonesia 24th -26th May 2023
Supply Chain Digitalization Conference 2023 , Virtual Event 24th -25th May 2023
Mauritius Maritime Week 2022 , The Ravenala Attitude, Mauritius 13th -15th December 2022
Annual GPCA Forum , Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia 06th -08th December 2022
Intermodal Africa , Hotel Sarakawa, Lomé, Togo 22nd -24th November 2022
Seamless Saudi Arabia , Riyadh International Convention & Exhibition Centre 02nd -03rd November 2022
DIGITAL TRANSFORMATION CONFERENCE , Virtual Event 01st -02nd November 2022
Asean Ports & Shipping , InterContinental Saigon, Ho Chi Minh City, Vietnam 25th -27th October 2022
World Breakbulk Expo , Shanghai, China 25th -26th October 2022
Indonesia International Transport, Logistic, Equipment & Service Exhibition , Jakarta, Indonesia 05th -07th October 2022
Supply Chain Digitization 2022 , Virtual Event 17th -18th October 2022
Malta Maritime Summit , Malta Marriott Hotel & Spa in St. Julian’s, Malta 03rd -07th October 2022
IATA World Cargo Symposium , London, England 27th -29th September 2022
Baltic & Black Sea Ports & Shipping , Vanagupe Hotel Conference and Spa Center, Palanga, Lithuania 27th -29th May 2022
7th GPCA Research and Innovation Conference , Address Sky View Hotel, Dubai 26th -27th September 2022
Seamless North Africa , Cairo, Egypt 20th -21st September 2022
China (Shenzhen) International Logistics and Supply Chain Fair (CILF) , Shenzhen, China 22nd -24th September 2022
Transport Logistic and Air Cargo Southeast Asia , Marina Bay Sands Convention Centre, Sungapore 13th -15th September 2022
BIMP-EAGA 2022 , Shangri-La's Tanjung Aru Resort and Spa, Kota Kinabalu, Sabah, Malaysia 02nd -04th August 2022
Intermodal Africa , King Fahd Palace Hotel Dakar, Senegal 28th -30th June 2022
Philippine Ports and Shipping , Sofitel Philippine Plaza Manila, The Philippines 21st -23rd June 2022
44th Annual SAPICS 2022 In-Person Conference & Exhibition , Capetown, South Africa 12th -15th June 2022
Trans Middle East , Radisson Blu Hotel, Manama, Bahrain 31st -02nd June 2022
Seamless Middle East , Dubai World Trade Centre 31st -01st June 2022
Digital Sypply Chain Show , Address Hotel, Dubai Marina, Dubai 25th May 2022
Mediterranean Ports and Shipping , Hoteli Bernardin Portorož, Slovenia 24th -26th May 2022
Airport Show , DWTC, Dubai 17th -19th May 2022
13th GPCA Supply-Chain Conference , Hilton Dubai Al Habtoor City Dubai UAE 17th -19th May 2022