Oct 8 , 2022
Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and Trade Mark East Africa (TMEA) signed a memorandum of understanding on October 4, 2022, to develop the logistics sector and lessen the shortage of skilled labour in the industry. The project made its first debut in September this year in Dire Dawa City, aiming to have a trained workforce in the free zone. Trade Mark East Africa is an aid-for-trade organization established in 2010, operating on a non-profit basis, and funded by development agencies. It is expanding its operations beyond the Eastern and Horn of Africa region, with an annual expenditure of 80 million dollars. It helps countries shorten transit time for cargo, reduce trade barriers and improve business competitiveness. A statement TMEA issued last week said the deal would deliver a large-scale impact on job creation, poverty reduction and enhanced economic welfare.