DHL and Absa Group have officially signed a Memorandum of Understanding (MOU) to expand DHL’s GoTrade programme across Sub-Saharan Africa (SSA).
By combining DHL’s logistics expertise with Absa Group’s extensive banking, digital and financial capabilities, the partnership will equip SMEs with practical tools, training and access to services that support cross-border trade, e-commerce growth and sustainable business development.
Deputy minister of trade, industry and competition, Zuko Godlimpi, said: “This partnership brings together the finance, logistics, market knowledge and public support that SMMEs need to trade beyond our borders.
“By building the capacity of South African enterprises to enter African markets, we are not only growing individual businesses – we are strengthening intra-African trade, creating jobs and using the African market to power South Africa’s economic growth.”
The agreement was signed by Hennie Heymans, CEO of DHL Express Sub-Saharan Africa, and Faisal Mkhize, managing executive for business development, business banking pan-Africa at Absa Group.
Approximately 1,600 SMEs have been trained in Uganda, one of the earliest markets to implement the programme, with more entrepreneurs also benefitting from Kenya, Botswana and Zambia.
Mozambique and Tanzania are next in line for rollout.
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