International trade is the lifeblood of the global economy. Governments and organizations actively promote international trade to create economic prosperity, open new market opportunities for businesses, and fuel economic growth. One of those organizations is MVX, a trade and freight shipping company using technology to help Businesses in Africa and African merchants access international trade with ease. As part of their efforts to enable easy access to international trade for African businesses, they have officially partnered as one of the key sponsors of the largest US government-led trade mission and business development forum, Trade Winds 2022. The business forum will hold in Dubai, UAE in March 2022. Other sponsors of the trade showcase include Visa, FedEx, and Oracle.
Despite the COVID-19 pandemic-instigated global economic slowdown, experts predict the total value of international trade to surge to more than USD 21 trillion in 2022 compared to just over USD 15 trillion at the height of the pandemic in 2020. Globalization and the interdependence of national economies mean that countries and the organizations that operate within them collaborate on a global scale to enable the easy movement of goods and services across borders. Businesses use this global interconnectedness to seek opportunities in new markets outside their country of origin, network globally, and improve their economic outcome through international trade-focused forums and business showcases.
MVX is at the forefront of promoting international trade in Africa. Through the annual Trade Winds event designed to give organizations the needed exposure in specific markets or regions around the world, MVX intends to showcase its solutions, meet with diplomats and business leaders across the world, to discuss their support for African businesses to scale into global markets.
With a vision to accelerate trade in Africa and create an economic expansion, the tech company is revolutionizing freight shipping and trade finance for businesses using technology. By sponsoring Trade Winds, the company is giving African businesses the platform to expand the frontiers of global trade. MVX offers easily accessible, tech-powered freight shipping management solutions and embedded freight finance services that support large organizations and SMEs to move shipment and transact with less hassle anywhere in the world.