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USAID COMPETE Newsletter December, 2011

ECA Trade Hub Briefs Women Entrepreneurs on AGOA

COMPETE’s ECA Trade Hub works closely with women entrepreneurs on economic empowerment issues across East Africa. Recently the ECA Trade Hub met with members of the Kenya Federation of Women Entrepreneur Associations (FEWA). FEWA held its Second Annual Consultative Forum on Women and Entrepreneurship at the US Embassy Nairobi on December 13th with over 100 participants in attendance including USAID COMPETE’s JC Mazingue and Matt Troniak. FEWA’s dynamic women were keen to learn more about trade opportunities under the African Growth and Opportunity Act from the ECA Trade Hub. Ms. Zorah Baraka, Executive Director of Mohazo (www.mohazo.co.ke ), a Kenyan home decor company, will be part of the Origin Africa Pavilion at the San Francisco International Gift Fair in February 2012.

The Federation of Women Entrepreneurs Associations [FEWA] is the apex body that plays the role of lobbying and advocating for Women Entrepreneur Associations with the aim of influencing policy formulation.  They also disseminate information to help women overcome gender challenges and succeed in their various businesses.

The umbrella body serves to harmonize and strengthen activities by different Women Entrepreneurs Associations and ensure that  a unified and common voice is heard in areas affecting women in business.

More information about FEWA can be found here: www.fewa.or.ke

One Stop Center (OSC) to Open at the Port of Dar es Salaam

COMPETE provides support and technical assistance to the Tanzania Ports Authority in Dar es Salaam. In December, COMPETE initiated procurement to equip the Port’s new One Stop Center (OSC). The OSC builds on trainings that COMPETE facilitated earlier in the year, which included a study tour for Tanzania Ports Authority to witness and learn from operations at the Mombasa Port.  The OSC is a result of documented international best practices in transit and logistics management. The OSC should be fully operational in early 2012.

Dar es Salaam Port is a multipurpose port handling a range of cargo such as cereals, chemicals, electronics, motor vehicles and petroleum. Its main exports include tea, coffee and soda ash in both containerized and loose modes. The OSC will gather all cargo and clearing agents for the port in one central location, ‘under one roof,’ to offer a seamless cargo clearance services platform to port users.  Traders and their agents will now be able to lodge and process their cargo declarations and documentation through one systematized central point. The OSC is an important step towards enhancing port efficiency, productivity, and transparency. It is geared towards reducing costs, minimizing delays and streamlining operations and procedures.

Dar es Salaam Port is a strategic entry and exit port and an important facility servicing the land locked countries of Rwanda, Burundi, DRC and Uganda through the Central Corridor, and Malawi and Zambia through the Dar es Salaam corridor. Both corridors run along highly productive farm land. A smooth running port, with the help of OSC, ensures that farmers get their inputs faster and cheaper. OSC will improve an infrastructure that will lead to improved production and the growth of trade, both regionally and for export.

Staff of the new OSC office

Port of Dar es Salaam

COMPETE Delivers Value Chain Financing Training

COMPETE short term financial advisor, Ramiro Ortega, is providing technical assistance and training to United Bank for Africa (UBA). Mr. Ortega presented to UBA Kenya on November 25th and held a follow-up session in early December.  The sessions were simultaneously broadcast to UBA branches in Tanzania and Uganda. In total, the training sessions reached nearly 40 bank executives, loan officers, and managers.

The sessions cover: value chain financing, including purchase order finance (POF); post-shipment finance, and other trade and value chain finance products; enhancing credit policies and procedures; risk management and mitigation; client screening; credit analysis; cash flow projections; marketing for financing regional trade transactions and assistance in sourcing and structuring of actual loans for the development of case studies and best practices.

The end goal is to increase cross border trade throughout EA countries.

Structured Trade in the Spotlight at USAID Feed the Future East Africa Regional Meeting

COMPETE joined USAID East Africa to discuss the different roles that bilateral and regional missions and projects play in the region and to look for collaboration opportunities in structured trade.

Topics included the ‘Building Blocks of Structured Trade’, ‘EAC Trade Policy Warehouse Receipts/Finance and Insurance and Market Information Systems’, and ‘Commodity Exchanges – Practicalities and Pitfalls’.

COMPETE presented a series of case studies that can be found here: http://www.competeafrica.org/components/building_value_chains/ftf/regional-feed-the-future-meeting/index.php