Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Significant development in fostering seamless cross-border trade

11 Sep 2024 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The Zambian government has successfully ratified the Walvis Bay-Ndola-Lubumbashi Development Corridor (WBNLDC) Tripartite Agreement and deposited the instruments of ratification with the Southern African Development Community (SADC), solidifying the connection between the Port of Walvis Bay in Namibia, Ndola in Zambia's Copperbelt, and Lubumbashi in the mineral-rich Katanga region of the Democratic Republic of the Congo (DRC).According to a spokesman for the Walvis Bay Corridor Group (WBCG), the WBNLDC is designed to create an alternative trade route linking the mineral hubs of the DRC and Zambia to international markets, facilitating the seamless movement of goods and people while boosting regional integration. The tripartite agreement was initially signed in March 2010 by the member states of the DRC, Namibia, and Zambia. The DRC ratified the agreement in 2015, Namibia followed in 2021, and Zambia has now completed the ratification process.Museba Frank Tayali, Zambia’s minister of transport and logistics, highlighted that this ratification would significantly enhance economic development among the member countries and beyond. He emphasised that the agreement would lead to improved infrastructure, increased private-sector participation, and overall regional development by promoting cross-border trade and investment.According to Mbahupu H Tjivikua, chief executive officer of the WBCG, the WBCG has been the host of the WBNLDC secretariat since inception and has effectively coordinated its activities in Namibia, working with both the public and private sectors in the member states. “These collective efforts have aimed to identify common resolutions for addressing various cross-border challenges affecting the corridor,” he said. “Furthermore, the agreement seeks to establish a competitive trade, transport and logistics sector that will ensure fair business practices among all the corridor operators, as well as stimulate socioeconomic development along the corridor, ultimately boosting intra-Africa trade.”He noted the importance of facilitating cross-border transit-transport cooperation, promoting efficient and cost-effective transit transport systems, and providing landlocked countries like Zambia and the DRC with access through Namibia to the Port of Walvis Bay.“The WBNLDC is a key corridor and trade route that will connect the Port of Walvis Bay with Ndola in the Copperbelt of Zambia and Lubumbashi in Katanga in the DRC,” he said, expressing appreciation to the Zambian government for its dedicated efforts and seamless coordination in expediting the ratification process.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

September 2024 Compendium

View PDF
Progress being made on OSBPs
11 Sep 2024
Cabinet support for Beira Corridor
11 Sep 2024
Scramble for resources as Lobito comes on stream
11 Sep 2024
Progress towards realising logistics hub vision
11 Sep 2024
Never shying away from a challenge
11 Sep 2024
Women comprise 60% of management team
11 Sep 2024
Diversity drives innovation
11 Sep 2024
Women bring fresh perspectives
11 Sep 2024
Still a significant gender gap
11 Sep 2024
Social media no substitute for recruitment agencies
11 Sep 2024
A family affair with a strong legacy
11 Sep 2024
Ensuring every woman feels valued and empowered
11 Sep 2024
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

Seafreight Export Controller

Tiger Recruitment
Cape Town
15 May

Import Manager (NVOCC)

Switch Recruit
Eastrand
15 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us