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TRADEMARK EAST AFRICA AND CENTRAL CORRIDOR TRANSIT TRANSPORT FACILITATION AGENCY SIGN FINANCING AGREEMENT


TradeMark East Africa (TMEA) Tanzania Country Director, John Ulanga (L) hands over a Memorandum of Association (MoU) to the Executive Secretary of Central Corridor Transit Transport Facilitation Agency (CCTTFA) Captain Dieudonne Dukundane (R) during the ceremony of signing a financing agreement to provide a total of USD 1.3m (Equivalent to approximately TZS 2.86 billion) over a 3-year period (2018 to 2021) held in Dar es Salaam last week. (Photos by Cathbert Kajuna - Kajunason/MMG).
 TradeMark East Africa (TMEA)  Tanzania Country Director, John Ulanga explain to journalist how the TradeMark East Africa (TMEA) and the Central Corridor Transit Transport Facilitation Agency whey are working. TradeMark East Africa (TMEA) is an aid-for-trade organization that was established with the aim of growing prosperity in East Africa through increased trade. TMEA operates on a not-for-profit basis and is funded by the development agencies of the following countries: Belgium, Canada, Denmark, Finland, the Netherlands, Norway, UK, and USA. TMEA works closely with East African Community (EAC) institutions, national governments, the private sector and civil society organizations.
Executive Secretary of Central Corridor Transit Transport Facilitation Agency (CCTTFA) Captain Dieudonne Dukundane (C) explaining a few things to the journalist about their publications that help traders in offering them various education.
TradeMark East Africa (TMEA) and the Central Corridor Transit Transport Facilitation Agency (CCTTFA) have signed a financing agreement geared towards strengthening and enhancing the Central Corridor Transport Observatory (CCTO).

The financing will specifically improve monitoring of the Central Corridor performance in-order to support evidence-based advocacy and decision making to remove trade barriers. To that effect, TMEA will provide a total of USD 1.3m (Equivalent to approximately TZS 2.86 billion) over a 3-year period (2018 to 2021).

“TradeMark East Africa is delighted to provide this support to CCTTFA because the organization is producing reliable and timely data on the performance of the Central Corridor Transport Network. This support therefore will further strengthen that work and enable the countries served by the corridor to design interventions to further improve performance of the corridor” said John Ulanga, the Tanzania Country Director.

“CCTTFA highly appreciates this funding support from TMEA for our Central Corridor Observatory work, the funding will go a long way to support our ongoing efforts and enable us to work with various stakeholders in central corridor partner states to further improve efficiency of the corridor and hence increase the volume of trade going through the corridor for the benefit of the countries”. said Captain Dieudonne Dukundane, Executive Secretary of CCTTFA.

To accomplish the above, the CCTTFA will enhance the CCTO into a one stop center platform for availing and accessing relevant information and data related to movement of goods along the Corridor.

Specifically, this support will enable CCTTFA maintain and improve the current online information portals, develop mobile data collection tools, roll out the central corridor dashboard to other member states, develop trade costs and transport predictive models and develop tools to monitor processes and effectiveness of initiatives along the Central Corridor.
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