National Aviation Services (NAS), the aviation services provider in emerging markets, announced the launch of its operations in the Democratic Republic of Congo (DRC).
Alstom announced it successfully installed and commissioned its SIL 4 signaling Electronic Interlocking SYSTEM, including a support system and SCADA that supervises and controls different subsystems.
Pan African specialist investment financial institution Verdant Capital has raised $9.9 million Series A equity capital for Tugende, a technology enabled MSME lender in East Africa.
Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa.
The African Development Bank (AfDB), approved a loan of €145 million to finance reliability and performance upgrades to the country’s rail system under the Egypt National Railways Modernization Project (ENRMP).
Total Nigeria PLC (TNPLC) has highlighted how its Truck Drivers’ Initiative is improving road safety in Nigeria with continuous training and audits.
The African Development Bank and the Government of Uganda has signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
Hapag-Lloyd and NileDutch signed a sale and purchase agreement where Hapag-Lloyd acquires all shares of the Dutch container shipping company Nile Dutch Investments.
The low-cost airline Air Arabia Maroc has announced the launch of five new air connections between France and Morocco.
Ride-hailing Bolt has introduced a new ride category on its platform to offer eco-friendly rides as the company moves towards reducing its ecological footprint.
The African Development Bank (AfDB) has finalized the purchase of 26 modular steel bridges to replace infrastructure that was destroyed in weather disasters in Mozambique.
The World Bank approved a $440 million loan to support Egypt’s initiatives to enhance the safety and service quality of the country’s railways.
IFC invests in Bolt to expand mobility solutions, facilitate inclusive transport in emerging markets
IFC, a member of the World Bank Group, is investing in the global mobility platform Bolt to help expand access to mobility and delivery services in underserved urban areas in Africa and Eastern Europe, including in South Africa, Nigeria, and Ukraine.
Morocco suspended all flights to and from Algeria and Egypt as part of its efforts to curb the spread of COVID-19
The Ministry of Transport informs that in early March 2021, it acquired speed camera enforcement systems to reduce traffic accidents in Cameroon.
DHL Industrial Projects, is supporting Dunakeszi Járműjavító Kft with the transport of the largest order of rolling stock in the history of Hungary. In total, 676 coaches are being transferred from the production site in Dunakeszi, Hungary, to Egypt.
Cameroon suspends the installation of GPS on trucks that transport goods to the Central African Republic
According to the Cameroonian Ministry of Transports, the parties agreed to suspend the installation of GPS on trucks that transport goods to the Central African Republic because of the large number of vehicles currently waiting for the installation of that equipment at the port of Douala.
National carrier Kenya Airways (KQ), freight division KQ Cargo, announced the resumption of its cargo services to New Delhi.
Ethiopian Airlines has partnered with UNICEF to help secure the transport of vaccines and other life-saving supplies worldwide.
British Airways operated by Comair, South Africa’s premium full-service airline, announced the reopening of bookings for daily regional flights between Johannesburg and Harare.
A.P. Moller - Maersk has accelerated the efforts to decarbonise marine operations with the launch of the world’s first carbon neutral liner vessel in 2023, seven years ahead of the initial 2030-ambition.
The OPEC Fund for International Development (the OPEC Fund) signed a $20 million public sector loan agreement with Kenya to increase regional connectivity, enhance trade and improve the socio-economic welfare.
Integrated container logistics company A.P. Moller - Maersk, announced it will operate world’s first carbon neutral liner vessel by 2023, seven years ahead of schedule.
Helium and natural gas company Renergen announced the completion and successful operation of the Company’s first Cryo-VaccTM prototype in South Africa, Johannesburg.
Dr. Antje Huber has been appointed to the position of Chief Executive Officer at the digital freight platform Saloodo!, a subsidiary of DHL Global Forwarding.
Hospitals in Rwanda will now receive much needed medical supplies and personal protective equipment from drone firm Zipline on a 24-hour basis.
Airlink, the privately-owned regional airline, will launch a convenient new direct service between Cape Town and Walvis Bay, commencing on 02 March 2021.
IFC released its new Social Bond Impact Report, showing cumulative volume raised from the program more than doubled in FY2020, bringing the total to over $3 billion since the program's founding.
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of a dry port and logistics centre in 10th of Ramadan City, Egypt, with a €1 million contribution to project preparation and procurement.
Africa has been betting on data and technology to transform transport infrastructure which continues to boost trade and enhance integration.
[Kenya] Safaricom collaborates with Forward Travelers to offer digital fare collection solution to commuters
The service is powered by Simple Fare, a mobile and financial integration technology developed by Netcen Interactives. Simple Fare enables a commuter to pay fare through Lipa Na M-PESA with the payment immediately reflecting to the bus crew’s phones.
AqualisBraemar’s ports & harbour unit has successfully completed its two-year involvement with the development of Sub-Saharan Africa’s first floating LNG import terminal.
Following the acquisition of the B767-200F from Air Transport Services Group in October 2020, Astral Aviation will deploy the freighter on the Nairobi – Sharjah, United Arab Emirates (UAE) route, effective 3rd February 2021.
Alternet Systems, Inc. (ALYI), announced finalizing plans for its first rideshare electric motorcycles to go into service by July of this year. ALYI has an order to deliver 2000 electric motorcycles in Kenya to be deployed into the motorcycle taxi (boda) market.
More than 100 million jobs could return to the global Travel & Tourism sector during 2021, as the world recovers from the crippling COVID-19 pandemic, says the World Travel & Tourism Council (WTTC).
Qatar Airways resumed flights to Cairo in the Arab Republic of Egypt with a daily service. QR1301 departed Hamad International Airport to Cairo International Airport at 15:15 local time and landed at its destination at 17:40 local time.
DHL Express, world’s express service provider together with Boeing announced that the global logistics company placed an order for an additional eight new Boeing 777 freighters.
The National Authority for Tunnels, a governmental authority under the jurisdiction of the Ministry of Transport of Egypt, and Siemens Mobility signed an MoU to design, install and commission Egypt’s first ever high-speed rail transportation system.
Acrow, an international bridge engineering and supply company, announced it has provided 26 modular steel bridges to the National Road Administration of Mozambique, to restore vital transportation routes damaged by cyclones in 2019.
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
The African Airlines Association (AFRAA) appointed Raphael Kuuchi as Director Government, Legal and Industry Affairs in Consulting capacity effective 01 January 2021.
The International Air Transport Association (IATA) appointed Kamil H. Al-Awadhi as its Regional Vice President for Africa and Middle East, effective 1 March 2021.
The European Investment Bank (EIB) and the Arab Republic of Egypt signed a €1.128 billion agreement to support investments in the rehabilitation and expansion of metro and tram systems in Alexandria and Cairo.
According to the latest tourism data from the World Tourism Organization (UNWTO), destinations welcomed 900 million fewer international tourists between January and October when compared with the same period of 2019.
IFC signed $30 million financing agreement to support Morocco’s Fes-Meknès region expand and upgrade its rural road network, reducing regional inequalities and helping people in remote communities access jobs and social services.
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
Leep Africa, a Johannesburg-based South African company, has developed the world’s first Internet of Things (IoT) mobile hotspot network.
IFC, a member of the World Bank Group, in partnership with Kobo360, an African digital logistics platform, announced an open call for innovators from around the world to bring climate-smart, temperature-controlled logistics (TCL) cooling solutions to Nigeria.
DHL Global Forwarding has appointed DHL veteran, Clement Blanc as Managing Director for its business in South Africa, one of the key markets for the logistics giant in the fast-growing region.
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
The African Development Bank is achieving satisfactory results in Madagascar, according to the mid-term report of the Country Strategy Paper (CSP) for the period 2017-2021 and the performance review of the 2019 country portfolio.
Ethiopian Cargo & Logistics Services, Cargo Network Operator in Africa, has launched Trans-Pacific routes, extending from Incheon to Atlanta via Anchorage.
AfDB's investments are transforming the continent, unlocking economic potential and spurring development, report
From agro-processing initiatives to energy, transportation and water and sanitation services, transformative investments by the African Development Bank (AfDB) are paving the way to unlock Africa’s economic potential, according to the 2020 ADER.
O-CITY, the automated fare collection provider by BPC, announced its initiative to drive contactless payments across bus services in Nairobi, Kenya.
Airlink, the privately-owned and independent regional airline, has opened reservations for flights between Johannesburg and Dar es Salaam, which will commence on 1 December 2020.
Airlink, the privately-owned and independent regional airline, will connect South Africa and the Democratic Republic of Congo (DRC) when it launches its new scheduled passenger flights between Johannesburg and Lubumbashi on 30 November 2020.
Kenyan Small and Medium-sized Enterprises (SMEs) are set to benefit from a joint initiative between KRA and Kenya Railways Corporation, following the launch of a Container Freight Station (CFS).
National Aviation Services (NAS), the airport services provider, has been awarded a new ground handling license - Certificat d’Operateur d’Assistance en Escale (COEA) by the Civil Aviation Authority of the Democratic Republic of the Congo.
Africa's ride-hailing app Bolt has launched Bolt Web App, a cost-effective alternative for riders to request a trip on a web browser.
Imperial partners with Kenyan logistic startup Lori Systems to expand e-logistics technology solutions across Africa
Imperial, an African and European-focused provider of integrated market access and logistics solutions, announced an investment in and partnership with Lori Systems to expand its cutting-edge e-logistics technology solutions across Africa.
The World Bank approved $150 million in additional financing for Morocco’s Urban Transport Program, which started in 2015, to strengthen the country’s capacity to offer quality service in public transport.
[Senegal] PIDG supports local currency bond issue as port of Dakar moves to new enterprise zone location
Private Infrastructure Development Group (PIDG), the Emerging Africa Infrastructure Fund (EAIF) invested $15 million in a local currency capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), owner of the Port of Dakar.
Bolt, on-demand transportation platform in Africa has up-scaled security and safety features on the platform to improve safety and well-being of passengers, riders and drivers during a Bolt trip.
The International Trade Centre (ITC) and UNWTO are collaborating in a project on developing the tourism sector in Liberia with a focus on surf tourism in the Robertsport destination.
Emirates and Airlink have announced an interline agreement, widening Emirates’ reach into Southern Africa as countries begin opening their borders for travellers.
Bollore Transport & Logistics handles 900 tonnes of equipment for Côte d'Ivoire thermal power station
Bollore Transport & Logistics Cote d'Ivoire unloaded 900 tonnes of equipment, including a turbine, an electric generator and various other materials, in the Yopougon municipality of Abidjan.
Low-cost airline Ryanair is set to resume flights in and out of Morocco.
Following the signing of the contract with the China Harbour Engineering Company (CHEC) in August, construction works have now officially begun for the Côte d’Ivoire Terminal (CIT), Abidjan’s second container terminal.
The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations.
The World Tourism Organization (UNWTO) has signed a Memorandum of Understanding with the International Air Transport Association (IATA), as the two parties work together to restart global tourism.
Kribi Multipurpose Terminal (KMT), a Cameroonian subsidiary of International Container Terminal Services (ICTSI) has started commercial operations at the Multi-Purpose Terminal of the Port of Kribi in Cameroon.
Ethiopian Airlines Group, Largest Aviation Group in Africa announced it will cover the medical insurance including repatriation, evacuation and quarantine costs related to COVID-19 as of 1st of October 2020 until 31st of March 2021.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
Emirates announced it will resume flights to Johannesburg (1 October), Cape Town (1 October), Durban (4 October) in South Africa; Harare in Zimbabwe (1 October); and Mauritius (3 October).
Vuna Partners Fund announced its acquisition of an 80% equity stake in 4PL Group Proprietary (4PL), with the remaining 20% shareholding held by the management of 4PL Group.
As growing numbers of countries around the world ease restrictions on travel, the World Tourism Organization (UNWTO) has launched a new Tourism Recovery Tracker to support global tourism.
As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.
With the easing of travel restrictions across the globe, Ethiopian announced it will restart scheduled commercial flights to Johannesburg and Cape Town as of 01 October 2020.
DOF Subsea has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola.
The East Africa Community (EAC) Secretariat and its Partner States have held a virtual roll out event to mark the technical completion and development of Regional Electronic Cargo and Driver Tracking System.
German international shipping and container transportation company Hapag-Lloyd has expanded its footprint in West Africa by opening a new office in Lagos, Nigeria.
Pierre Ngon has assumed the charge as managing director of the Benin/Niger cluster of Bollore Transport & Logistics. He succeeds Jerome Binois.
Emirates announced it will resume passenger services to Casablanca, Morocco effective 18 September 2020.
Proflight Zambia has expanded its cargo capacity by designating some of its fleet to operate dedicated cargo flights between Lusaka and Johannesburg.
The World Bank approved a grant of $130.8 million from IDA to ease the movement of goods and people and improve access to social services and job opportunities in the refugee hosting districts in the West Nile sub-region of Uganda.
United Airlines announced plans to expand its global route network with new nonstop service to Africa, India and Hawaii.
The World Bank approved $750 million financing to improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people living in Kenya's North Eastern region
The European Bank for Reconstruction and Development (EBRD) is supporting the delivery of vital infrastructure services in Morocco with a €300 million financing package to state-owned utility and transport companies.
APM Terminals Apapa is the latest terminal in the company’s rollout of public 4G LTE networks at its facilities in Nigeria.
The China Harbour Engineering Company (CHEC), signed contracts for the construction of Abidjan’s second container terminal, known as Côte d’Ivoire Terminal (CIT), scheduled to be operational at the end of 2021.
African Union (AU), and Africa Centres for Disease Control and Prevention (Africa CDC) launched Africa Against COVID-19: Saving Lives, Economies and Livelihoods campaign, to facilitate the development of a harmonized strategy.
A regional electronic Corridor Trip Monitoring System which will allow cross border road transport operators, drivers, regulators and law enforcement agencies to record and monitor driver wellness data has been approved by the Tripartite group.
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to working with relevant partners and stakeholders in the Oil and Gas Sector to boost delivery of gas to the domestic market.
iHerb, a global leader in health and beauty focused e-commerce, is expanding global availability to 23 additional countries, one of the largest expansions in the company history.
The International Air Transport Association (IATA) released new data indicating that the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April.
The Interministerial Committee on Railway Infrastructure, COMIFER, chaired by the Transport Minister, has noted the completion of the renovation work on 13 railway bridges.
Ethiopian Airlines, Africa’s largest airline has increased the frequency of its scheduled flights on its domestic destinations to meet the growing demand.
The EAC Deputy Secretary General disclosed that all is set for the launch of the EAC Regional Electronic Cargo and Driver Tracking System in collaboration with the EAC Partner States National Focal Points on Covid-19 and TMEA.
The Global Road Safety Facility (GRSF) and the United Nations Road Safety Fund (UNRSF) will jointly support a comprehensive evaluation of the first global deployment of the Ten Step Plan for Safer Road Infrastructure in Tanzania.
Transnet Engineering and Mozambican state-owned railway operator Caminhos De Ferros De Mocambique (CFM) have signed a rolling stock supply agreement valued at over R400 million as part of efforts to strengthen regional integration