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Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry

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Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry

Olushola Okunlade Writes

The Zambian Minister of Commerce and Industry, Mr. Chipoka Mulenga, has sought the assistance of the President, of Dangote Group, Aliko Dangote in the development of his country’s agricultural sector.

Chipoka Mulenga, who led a delegation from Zambia on a tour of the 3.00 million metric tonnes Dangote Fertiliser plant at the weekend, called for a collaboration between the Dangote Group and the Zambian government in the establishment of a fertilizer plant in the southern African country.

Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
Left-Right: Dangote Cement Zambia, CEO, Vipul Agrawal, Dangote Cement Zambia, Director, Lynda Mataka, President/CE of Dangote Industries Limited, Aliko Dangote, Zambia Minister of Commerce, Trade & Trade: Chipoka Mulenga, Zambia High Commissioner to Nigeria, Oscar Shitima, During the Zambia Minister Visit the President/CE of Dangote Industries Limited, in his Residence, Victoria Island Lagos, on Saturday 20, August 2022
Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
Left-Right: President/CE of Dangote Industries Limited, Aliko Dangote, Zambia Minister of Commerce, Trade & Trade: Chipoka Mulenga, Zambia High Commissioner to Nigeria, Oscar Shitima, During the Zambia Minister Visit the President/CE of Dangote Industries Limited, Aliko Dangote, in his Residence, Victoria Island Lagos, on Saturday 20, August 2022.

Mulenga expressed the belief that any investment in fertilizer production will not only help the country to be self-sufficient in food production, it will also help grow the Zambian economy as well as that of the neighboring countries.

According to him, the Zambian government has created an enabling environment for local and foreign investment through great incentives to attract investment in all sectors of the economy.  

“The Zambian government in the last budget made some pronouncements which focus on value addition, industrialisation, skill enhancement, and development. We have a huge youthful population who are ready to work if given the opportunity to be productive,” he said.

He described Zambia as Africa’s new investment destination because of its stable political system, stable macroeconomic environment, and investment protection guarantees.

He said that Zambia is strong in agriculture and even seeking to become stronger by having its own Fertiliser plant. “Rather than continue to import Fertiliser from anywhere, we want Aliko Dangote to come and establish a plant in Zambia. The country’s fertilizer consumption has increased tremendously in the last few years and has continued to increase. I am happy that we no longer have to go outside of Africa to seek investors. Dangote has been able to change the narratives through his investment in cement production across Africa.  We now have Africans investing in the African continent. Dangote has already established the biggest cement plant in Zambia. Dangote Cement Zambia has a remarkable portfolio and is bringing positive change to the cement industry, not only in Zambia but also to other neighboring countries,” he added.

Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
Left-Right: Zambia Minister of Commerce, Trade & Trade: Chipoka Mulenga, Dangote Fertilizer Limited, Chief Executive Officer, Vishwajit Sinha, Dangote Fertilizer Limited, Director of Operation, Anurag Jaiswal, During the Zambia Minister Visit Dangote Fertilizer Limited Plant at Lekki Free Trade Zone, Lagos, on Saturday 20, August 2022.
Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
Left-Right: Zambia Minister of Commerce, Trade & Trade: Chipoka Mulenga, Dangote Fertilizer Limited, Engineering Section, Adeola Basorun, Dangote Fertilizer Limited Chief Executive Officer, Vishwajit Sinha, During the Zambia Minister Visit Dangote Fertilizer Limited Plant at Lekki Free Trade Zone, Lagos, on Saturday 20, August 2022.
Zambia Seeks Dangote’s Assistance In Developing Fertiliser Industry
Left-Right: Dangote Cement Zambia, Director, Lynda Mataka, President/CE of Dangote Industries Limited, Aliko Dangote, Zambia Minister of Commerce, Trade & Trade: Chipoka Mulenga, Zambia High Commissioner to Nigeria, Oscar Shitima, During the Zambia Minister Visit the President/CE of Dangote Industries Limited, in his Residence, Victoria Island Lagos, on Saturday 20, August 2022.

Mulenga commended the President/CE of Dangote Group, Mr. Aliko Dangote for investing massively in fertilizer production in Nigeria. ”This could only happen because the company put the right people, the right leadership, the right technical skills, and the right management in place to have such a remarkable result. This Fertiliser Plant is not only serving the needs of Nigeria but also attracting foreign exchange into the continent. This is a good demonstration that we can have this kind of investment in any part of Africa, which can grow and be beneficial to other countries.”

He, therefore, enjoined Nigerians to guard Dangote investments and other local investments in Nigeria. “Let all Nigerians support this investment to grow from strength to strength. This is amazing and we will like to have a similar investment in Zambia.”

Speaking at the end of the tour, Chief Executive Officer of Dangote Fertiliser Limited, Mr. Vishwajit Sinha said demand for Urea fertilizer in the Nigerian market and beyond remains robust and is expected to continue to grow.

He said the $2.5 billion fertilizer complex would make Nigeria self-sufficient in fertilizer production with excess capacity exported to other African countries and the rest of the world.

“The key focus of Dangote Fertiliser has always been to cater to the growing fertilizer demand of the domestic market in Nigeria and also to work towards bringing a green revolution in the country so as to contribute towards food security for Nigeria. The surplus production after supplying the domestic market is exported,” he added.

Sinha stated that Dangote Fertiliser is positioned to take advantage of the Federal Government’s policy, which focuses on agriculture as one of the keys to unlocking the diversification of the Nigerian economy.

 “As the population is increasing, food consumption is changing. Many countries’ economic progress is linked to agricultural development, which is the best form of inclusive development. In all the countries that I have been to, I can see the potential of agriculture in the entire value chain from the farm to the kitchen in Nigeria.

 “Dangote Fertiliser has the potential to transform the entire African region. Definitely, it will have a huge value on the country,” he added.

Sinha described the Dangote Fertiliser plant as a company that will not only increase food sufficiency in Nigeria but also drastically reduce the level of unemployment and youth restiveness in the country through the generation of direct and indirect employment.

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Dangote Boosts Abuja Trade Fair

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World Water Day: Dangote, Others Make Case For GroundWater Protection

Olushola Okunlade Writes

The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the 17th Abuja International Trade Fair (AITF) that is expected to be declared open by President Muhammadu Buhari on Friday.  

Speaking to newsmen, the Director-General of the Abuja Chamber of Commerce and Industry (ACCI), Ms. Victoria Akai said: “As a member of ACCI, the Dangote Group further strengthens the position of ACCI in implementing business activities and advocating for business-friendly policies.

”The DG said the Dangote-ACCI partnership is strategic and geared towards showcasing made-in-Nigeria products, which will help inform prospective exporters about the available opportunities and processes.  

Ms. Akai said the company had been a significant sponsor of the Abuja International Trade Fair, including this year’s Trade Fair. In the same vein, the President of ACCI, Dr. Al-Mujtaba Abubakar, told newsmen that the theme for this year’s exhibition: “Creating an Export Ready Market through SMEs Digitization,” offers a wide range of opportunities for Small and Medium Enterprises to ginger their performance, and especially in relation to the non-oil sector.  

He said: “The Abuja International Trade Fair, since its inception, has served Nigeria as a trusted global trade destination and a potential market for over 50,000 consumers.”

The 17th AITF is scheduled to hold between Friday, September 30 and Sunday, October 9, 2022, at ACCI Abuja International Trade Fair Complex.  

The Dangote Group’s Executive Director of Government and Strategic Relations Engr Mansur Ahmed said the partnership with ACCI offers the company the opportunity to display its numerous innovative products while contributing its quota to the Nigerian economy through Trade Fairs and expos.  

He said the President of the Group Alhaji Aliko Dangote is passionate about developing the Nigerian economy, exporting made-in-Nigerian goods, earning foreign exchange, and creating jobs for the populace. Engr Ahmed said the company is desirous of entering into any strategic partnership that will set the country on the path of rapid growth and development.  

Aside government, the Dangote Group is the second biggest employer of labour in Nigeria.  

A statement by the Corporate Communications Department of the company said a special help desk has been set up at the company’s pavilion to respond to queries while urging participants to leverage the numerous innovative products which include the: Dangote Fertiliser, Dangote Sugar, Dangote Cement, Dangote Salt, and lots more.  

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PhotoNews: LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany

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LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany

Olushola Okunlade Writes

The President of the Lagos Chamber of Commerce (LCCI), Dr. Michael Olawale-Cole, CON, has paid a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany.

Asiwaju Dr. Michael Olawale-Cole, CON met Mr. Heiko Schwiderowski, Director of the Africa section of the Association of German Chambers of Commerce and Industry (DIHK) during a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany on Thursday, September 28, 2022.

LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany
President of the Lagos Chamber of Commerce (LCCI), Dr. Michael Olawale-Cole, CON, and Mr. Heiko Schwiderowski, Director Africa Section of the Association of German Chambers of Commerce and Industry (DIHK) during a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany on Thursday, September 28, 2022.
LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany
President of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Michael Olawale-Cole, CON, and Mr. Edgar Zedler Head of Regional Affairs NUMOV/ German Near and Middle East Business Association during a visit to the Association office in Berlin, Germany on Thursday, September 28, 2022.

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The Impact Of E-commerce On Supply Chain

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The Impact Of E-commerce On Supply Chain

….as Jumia leads the fast and reliable digital market hub

Olushola Okunlade Writes

The rise of E-commerce and the digital marketplace has changed the composition of consumers buying behavior and expectations, as consumers now expect fast, free shopping and competitive pricing.

This demanding delivery schedule challenges traditional logistics and supply chain models, and companies are now forced to adjust their strategies to provide the low-cost and on-demand delivery service that consumers now demand.

Technological advances in many aspects of our lives have resulted in buying, selling, and other forms of transactions being executed online. Once the consumer makes an online purchase, the work begins to transport the products from the seller to the consumer – and that’s where the logistics sector comes into play.

Statista claims that the logistics sector is one of the pillars of global trade, valued at more than 5.7 trillion euros.

In Nigeria, the logistics and supply sector is growing exponentially. According to the 2018 Logistics & Supply Chain Industry Report, Nigeria’s logistics industry was worth 250 billion naira ($696 million) as of 2018, which represents an increase of 50 billion naira ($140 million) from 2017 statistics. This value has increased over the years. The industry is currently expanding because of improved aviation and rail infrastructure, stronger international relations, expansion in the manufacturing and export industries, and continuous e-commerce growth.

E-commerce and the Supply Chain Sector

The Impact of E-commerce on Supply Chain

The supply chain links numerous parties and organisations, including consumers, enterprises, merchants, financial, and information flows. To deliver high-quality services and products, managing various groups and activities requires a method that can effectively and efficiently integrate interactions among the entities, particularly when organisations use resources from different regions of the world.

The supply chain has grown more adaptable and effective as a result of e-commerce. It has given businesses fresh and creative ways to connect with consumers. E-commerce also has made it possible for companies to offer goods directly to consumers instead of through conventional retail channels.

The increase in e-commerce adoption has made logistics services a necessary component of daily living in Nigeria’s major commercial cities. Access, cycle time, dependability, and cost of logistics are directly impacted by the state of the available infrastructure and the degree of integration. High-performance government agencies, funding, and industry expertise are also essential. Therefore, logistics is a primary marker of economic advancement as represented in trade facilitation and company competitiveness.

How E-commerce is Revolutionising the Supply Chain Sector

The Impact Of E-commerce On Supply Chain

E-commerce has several advantages in the supply chain sector. Firstly, it offers real-time data on inventory levels and order status. This lowers the possibility of stockouts or overstocks by helping businesses to make better decisions about when to produce or order products.

Collaboration between businesses and their suppliers and consumers is also made simpler by e-commerce. For instance, a business can quickly place orders and submit estimates to suppliers. This lessens the amount of paperwork required and helps to speed up the ordering process.

A company like Jumia in the supply chain sector, through e-commerce, connects vendors with consumers across a broad delivery area. As a result, local vendors and international brands can effectively reach more consumers across the country using the platform. In addition, consumers’ shifting preferences, lifestyles, and behaviours have led companies like Jumia to introduce quick commerce to make online shopping more convenient than ever before.

With speed and convenience becoming more important than ever, Jumia opened its logistics services to third parties. Its logistics network smoothly connects hundreds of logistics partners across Nigeria, from small business owners to significant logistics service providers. It offers merchants the advantage of a distributed and scalable logistics service and gives consumers quick access to the products they desire.

What Does the Future Hold for Logistics?

The Impact Of E-commerce On Supply Chain

Technology remains a strategic imperative for supply chain organisations. In the next three to five years, we will see an increase in the adoption of digital supply chain technologies, including those that improve human decision-making.

It is predicted that the future of the supply chain sector will be defined by data, analysed by artificial intelligence, and driven by machines. Gartner has predicted that by 2023, AI techniques will be embedded across 50% of all supply chain technology solutions.

Already, Jumia Logistics is leading the forefront, as the company has invested in machine learning and several data science techniques. This has helped to offer more precise delivery times based on multiple factors, and even to predict the ideal routes that delivery agents can rely on to meet their targets. Consequently, online consumers will have better experiences on the mobile app with greater certainty about the progress of their orders from purchase to delivery.

Furthermore, the company’s move into drone delivery with its recently announced collaboration with Zipline, the world’s largest instant delivery service, is another game changer for the industry. Using the latest instant logistics technology, Jumia will be able to offer consumers living in rural or remote areas on-demand delivery of the products they need.

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