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An effective and productive port is a very important asset for any country, this is more important in Africa than in any other region of the world where 90% of trade within Africa happens by sea.
Over the past few decades, the sub-Saharan Africa container market has been challenged by slow development of quality infrastructure which has led to long ship waiting times and in general the whole system has remained under developed in comparison to other port systems around the world.
With such a high dependence on external trade, productive and efficient ports are critical for Africa’s growth and to maintain the “Africa Rising” narrative.
A new wave of investment from the World Bank, logistics firms and overseas governments (particularly those of China and Japan) looks set to drive growth over the next decade to ensure that the region’s ports continue their transformation and in turn galvanise African trade and raise revenues across the region.
TOC Events Worldwide, the Province of KwaZulu-Natal (KZN) and the South African national port and rail network operator Transnet have announced that they will partner to run the inaugural TOC Africa, an international trade, transport and logistics event, in Durban, December 2017 under the guidance of Mr Sihle Zikalala, MPL and MEC for Economic Development, Tourism & Environmental Affairs
The inaugural TOC Africa, which will bring together cargo owners, logistics, liner shipping, ports, terminals, inland transport, finance, equipment manufacturers and other stakeholder groups to discuss the evolution of regional maritime container logistics, transport and supply chain operations and the equipment and technology that facilitates global trade. In addition to the international audience that TOC delivers, KwaZulu-Natal will also be reaching out to other counterparts across the continent to ensure that TOC Africa is a truly pan-African event. There is no doubt that hosting the inaugural TOC Africa in Durban will help to bring physical expression to the “Africa Rising” narrative by enabling Africa’s ports and port cities to contribute to Africa’s growth and development agenda.
The conference is a forum for commercial, strategic and senior manager within the supply chain from: