Singapore firms inked deals for projects in Africa

The Lion City entered its 13th Avoidance of Double Taxation Agreement with an African country, Gabon.

Five Singapore firms forged ties with African counterparts during the Africa Singapore Business Forum (ASBF) 2018 to boost the region’s digital economy and manufacturing, an announcement revealed.

During the event, Singapore and Africa also strengthened their growing bilateral economic ties through the signing of an Avoidance of Double Taxation Agreement (DTA) between Singapore and Gabon which is Singapore’s 13th DTA with an African country.

The Singapore Cooperation Enterprise and the Mozambique Investment and Export Promotion Agency signed a memorandum of understanding to head the exchange of consultancy, advisory and training services for master urban planning and Special Economic Zones and Industrial Zones.

In the area of construction, Singapore-based engineering firm Well & Able Holdings and Africa’s Compagnie Sénégalaise de Transport Transatlantique Afrique de l’Ouest (CSTT-AO) agreed to jointly design and build a 9,795 sq m multimodal logistics hub in Senegal.

Meanwhile, trader platform GeTS Asia and Kenya Trade Network Agency to launch the Open Trade Blockchain platform to step up efficiency, security, and transparency of trade-related processes.

To boost security, Analytics firm Graymatics Singapore and African ICT firm Crescentech Limited will jointly provide security and surveillance solutions in industries including banking, telecommunications and retail across Kenya, South Africa and Nigeria.

Moreover, the Singapore Manufacturing Federation and Egyptian Businessmen Association inked deal to bolster business matching between Singapore and Egyptian firms.

Enterprise Singapore noted that it has facilitated close to 50 projects for Singapore companies in Africa in the last two years wherein 80% of participants are small and medium enterprises (SMEs).

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia