Emphasising on the theme, “From Policy to Practice” IMO said that the theme underscores IMO’s core mission of ensuring that the global regulatory framework it develops is not merely adopted in principle but translated into concrete national legislation, enforcement and day-to-day operations across the maritime sector.
The event, themed : “Carrying world trade. Carrying the risks,” will be marked on 25 June.
Executive Director, Sahara Group, Wale Ajibade. commented , “This development is significant for Mauritania and for Africa’s maritime economy.”
The NWS, an initiative of the Nigeria Customs Service, was launched in April, 2024, by President Bola Tinubu and implemented alongside the Minister of Finance and Coordinating Minister of the Economy, and housed under the Nigeria Revenue Service (NRS) to streamline import and export procedures, reduce bottlenecks, and boost port efficiency.
Dantsoho cited projects including the $20 billion Simandou-Morebaya deep seaport project in Guinea, the $2 billion Port San Pedro project in Côte d’Ivoire, the $1.5 billion Lekki Deep Sea Port in Lagos, and a proposed $600 million investment by APM Terminals in Nigeria.
•©Shutterstock/AU USAnakul The Strait of Hormuz is one of the world’s most critical maritime chokepoints, carrying around a quarter of global seaborne oil trade and significant volumes of liquefied natural gas and fertilizers. UNCTAD reports that the ongoing military escalation in the region has disrupted shipping flows through this narrow passage. The resulting ripple effects…
• IATF2027 Host Signing Ceremony ( From left ) : Kanayo Awani, Executive Vice President, Intra-African Trade & Export Development, Afreximbank; H.E.Francisca Tatchouop Belobe Commissioner for Economic Development, Trade, Tourism, Industry and Minerals, African Union Commission; Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, Chief Olusegun Obasanjo, Chair, IATF, Dr….
“With global remittance corridors costing over 6.0 percent, settlement lags of several days, and compliance burdens that exclude MSMEs, millions remain disconnected from global opportunity,” said Cardoso.
Yuqing made the disclosure in an address during the Lagos Forum New Year Media Symposium, where she reviewed bilateral relations and outlined prospects for deeper cooperation in 2026.
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
