Colombia and Ghana have decided to create a direct maritime shipping connection.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Ghana and Colombia have agreed to establish a direct maritime shipping link between the Port of Tema and the Port of Cartagena, as both countries seek to expand trade between Africa and Latin America and reduce reliance on traditional transatlantic routes.

The agreement, reached in Bogotá and announced by Ghana’s foreign minister, Samuel Okudzeto Ablakwa, is expected to cut shipping times and costs while improving market access for exporters on both sides.

It marks a rare direct logistics corridor between the two regions, where trade has long been constrained by indirect routes through Europe and North America, adding time and expense to shipments.

Source: newsthemegh.com