Intelligent CIO Africa Issue 26 | Page 23

PROJECT UPDATE EGYPT A logistics hub is to be constructed in East Port Said, Egypt, to enhance the importing and warehousing of raw materials, as well as the export and distribution of intermediate and final goods through the Suez Canal Ports. The first phase entails the feasibility studies to develop the logistics centre and the provision of customs technology services for eight month, while the second phase entails the preparation of the detailed master plan for the logistics centre and technical and financial studies to provide technology services for a period of six months. The third phase will include the establishment of the joint company in six months. DEMOCRATIC REPUBLIC OF CONGO Eurasian Resources Group will be piloting a Blockchain- based solution that will initially be applied at its Metalkol RTR operation in the Democratic Republic of the Congo (DRC) to help enhance the provenance and traceability of cobalt in the metal’s supply chain. At full capacity, the facility will supply 24,000 t/y of cobalt to the global market, volumes sufficient to power more than three million electric vehicles per year. Leveraging IBM’s Blockchain platform and expertise, the platform will aim to determine the provenance of cobalt throughout the supply chain, from extraction to production, a process that is currently complex and costly. www.intelligentcio.com INTELLIGENTCIO 23