Yilport buys into Takoradi
NewsTurkey-based Yilport Holding has bought Africa Finance Corporation’s (AFC’s) 35% equity stake in Atlantic Terminal Services Limited (ATSL), the concessionaire responsible for expanding the port of Takoradi in Ghana
Since 1 September, Ghana’s main ports, including those at Tema and Takoradi, have become paperless.
This follows the decision of the Ghana Revenue Authority (GRA), its Customs Division (GCNet), West Blue Consulting, and various other partners, including the Ghana Ports and Harbours Authority (GPHA), to roll out an electronic trading platform that has been under development and simulation for many years.
The Paperless Port Transaction system is designed to simplify and cut processing times, lead to greater levels of efficiency, particularly in areas such as cargo clearance, while helping stamp out corruption and fraud. All the parties are also expecting the new system to act as a facilitator of trade in the Central West African nation, where considerable amounts of capital are being invested in transport, industrial, power, and agricultural projects.
To help its customers, the GPHA has set up a special service centre to assist agents to use the online systems.
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This complete item is approximately 300 words in length, and appeared in the September 2017 issue of WorldCargo News, on page 7. To access this issue download the PDF here.
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