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Global merchandising firm SPAR Group announces sale of interest in South Africa
These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.
Nakonde Border Post upgrade boosts trade between Zambia and Tanzania
Funded by the UK government, the ZMK 197 million (£7.1 million) project will improve the flow of goods and people along the Dar es Salaam Corridor, promising to streamline operations and reduce cargo clearance times by more than 100% on both sides of the border.
DP World launches global freight forwarding network
In response to increasing disruptions to global trade – from climate change, geopolitics and macroeconomic challenges – DP World has embarked on a bold initiative to bolster its commitment to its customers.
[South Africa] Adenia Partners acquires last mile delivery services company The Courier Guy
Through the acquisition, Adenia will look to capitalise on the significant growth opportunities within South Africa's last-mile delivery sector, driven by the exponential growth of e-commerce.
Ethiopian Cargo and Logistics Services adds Casablanca as its 35th freighter destination in Africa
Ethiopian Cargo and Logistics Services, one of the major strategic business units within the Ethiopian Airlines Group, currently covers more than 135 international destinations around the world.
[Egypt] International consortium backs Damietta Port with $455 million financing
Damietta Alliance Container Terminals is a Special Purpose Vehicle (SPV) established by Eurogate, Contship Italia, Hapag Lloyd, MELC Group and Ship & C.R.E.W to design, develop, operate and maintain the terminal under a 30-year concession.
[Open Webinar] Cross-Border Finances: Enhancing Commodity Trade Across Africa, Navigating Int'l Markets
Tailored for CFOs, this event provides strategic knowledge to navigate international markets and enhance financial outcomes in the dynamic commodities sector. Don't miss this unique opportunity for CFOs to stay ahead in global commodity trading.
Volkswagen collaborates with DHL Express for the pilot test of ID.Buzz Cargo fleet in South Africa
The units will be utilised for specialised last-mile delivery service part of DHL’s local pilot test of its global zero emissions logistics target.
Tata International expands operations in Nigeria at Lagos Free Zone
The agreement was signed in the presence of Anand Sen, Managing Director of Tata International Limited, by Managing Director of Tata Africa Holdings Pty Ltd, Len Brand. This marks a significant milestone in the company's commitment to the region.
[Free Webinar] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
Embark on a journey through the dynamic realm of international finance with our upcoming webinar, where we unravel the intricacies of global payment strategies essential for triumph in the finance sector.
[Free Webinar] The Verto Hour: Streamlining Payments for Manufacturers and Suppliers in Eastern and Western Africa
Join this webinar that empowers both manufacturers and suppliers operating in African markets with valuable insights and actionable strategies to streamline their payment processes and ensure uninterrupted supply chain continuity.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
Join this insightful webinar that delves into the world of global payment strategies tailored to empower seamless trade within the shipping and logistics industry.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
In the rapidly evolving landscape of shipping and logistics, effective cross-border payment strategies have emerged as a critical driver of success. Join this insightful webinar that delves into the world of global payment strategies.
Zambia and UNCTAD sign deal to modernize customs procedures
The Government of Zambia, through the Ministry of Commerce, Trade and Industry (MCTI) has signed an agreement with the United Nations Conference on Trade and Development (UNCTAD) to modernize customs procedures using the Automated System for Customs Data.
[Interview] Vince Goncalves Regional Vice President Africa at ExecuJet MRO Services
ExecuJet MRO Services is a leading global multi-OEM MRO company founded in 1991 in South Africa, and then later established MRO businesses in Dubai, Australia, Malaysia, and Belgium as well as a franchise in Tianjin, China.
Promesse d’achat de CMA CGM pour 100% de Bolloré Logistics
Groupe Bolloré a reçu une offre spontanée du Groupe CMA CGM pour l’acquisition de ses activités de commission de transport et de logistique regroupée dans Bolloré Logistics.
The driving forces: Major industries impacting the African economy
Despite the challenges it's facing, Africa is home to some of the world’s fastest economies. With a fast-growing population and a wealth of natural resources, it has become an attractive destination for investors to capitalize on its untapped potential.
Entrée en négociation exclusives avec le Groupe CMA CGM concernant Bolloré Logistics
Le Groupe Bolloré a reçu une offre spontanée du Groupe CMA CGM pour l’acquisition de ses activités de commission de transport et de logistique regroupée dans Bolloré Logistics.
Kenya Airways and South Africa airlines to finalise partnership strategy in 2024
Kenya Airways and South African Airways have announced plans to launch a pan-African airline group in 2024, as part of their strategic partnership.
South African Airways (SAA) Cargo partners with Menzies Aviation to provide air cargo services
South African Airways (SAA) Cargo has appointed Menzies Aviation, the world’s largest aviation services company, to provide air cargo services at OR Tambo International Airport (JNB) in Johannesburg, Cape Town International Airport (CPT), and Port Elizabeth International Airport (PLZ).
Nigerian logistics startup Fez Delivery raises $1 million funding to expand operations
This funding announcement follows Fez Delivery's acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto, an elite global tech accelerator.
[Interview] Ayodeji Ayorinde, Co-founder, Artisankonect, Nigeria
Artisankonect is a Nigeran startup that helps outsource user requests to skilled persons. Africa Business Communities chats with Ayodeji Ayorinde, one of the founders.
Hutchison Ports invests $700 million in Egypt’s ports
The total investment of the two projects is approximately $700 million, bringing Hutchison Ports’ total investment in Egypt to over US$1.5 billion and paving a solid foundation for the company's strategy to expand its network and enhance its capabilities in emerging markets.
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
[Nigeria Business Week] Andrea Ayemoba: Banks move into East Africa, telecom pushes NSE profit
The telecom industry this week recorded a peculiar development – the massive registration of Nigerian SIM card holders.
[Column] Philip Myburgh : African businesses should diversify supply chains to mitigate global logistics crunch
The world of international trade is currently dealing with a perfect storm of challenges on multiple fronts.
[Interview] Moulaye Taboure, Co-founder, Afrikrea e-Commerce
Moulaye Taboure is the CEO/Co-founder of Afrikrea, an Africa focused e-commerce platform operating out of Côte d’Ivoire.
Djibouti bets on Doraleh facility, infrastructure projects to grow economy
In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.
L'arrivée du MSC VIRGO à Pointe-Noire promet un nouvel horizon pour l'Afrique Centrale
L'arrivée de ce porte-conteneurs au Congo s'inscrit dans le cadre des plans d'expansion de MSC visant à étendre son réseau en Afrique subsaharienne en redessinant son service vers la côte ouest africaine.
Investment firm Rogers Group targets East and Southern Africa for exponential growth
For companies like Rogers, which are listed on the Official Market of the Stock Exchange of Mauritius (SEM), the pursuit of international growth opportunities is a key lever for increasing their presence in markets with high potential.
Economic and supply chains top threats in Ghana, report
It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession.
Nestlé invests in logistics innovations to reduce greenhouse gas emissions for its international water brands
Nestlé is investing over CHF 100 million by 2030 in low-carbon logistics for its three international water brands - S. Pellegrino, Acqua Panna and Perrier.
MSC Group completes acquisition of Bolloré Africa Logistics
MSC Group has confirmed that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics.
Bolloré Africa Logistics signe le contrat de concession du Terminal bois port de Douala
Bolloré Africa Logistics et le Port Autonome de Douala ont procédé à Douala, à la signature du contrat de concession du Terminal Bois du Port de Douala (TBPD).
FedEx establishes direct presence in Nigeria to support customers with international trade
FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world's largest express transportation company, has announced that it has established a direct commercial presence in Nigeria, to meet the country's growing international shipping demands.
TRADE X opens new automotive trading facilities in Kenya
TRADE X provides auto dealers, car rental companies, fleet owners and mobility solution providers with a seamless end-to-end process for the sourcing and distribution of cross-border vehicle inventory.
FEDA invests $85 million into Arise IIP to support its pan-African growth strategy
The Fund for Export Development in Africa (FEDA) has announced a $85 million investment into ARISE Integrated Industrial Platforms (ARISE IIP), the pan-African infrastructure developer and operator. This deal demonstrates the confidence of FEDA in ARISE IIP's development strategy.
AIIM-led consortium establishes $150m pan-African cold chain logistics platform to ensure food security
To improve essential temperature-controlled logistics infrastructure in sub-Saharan Africa and ensure food security in the region, AIIM and its investment partners, have established a cold chain logistics platform, Commercial Cold Holdings (CCH).
Bolloré Transport & Logistics Côte d'Ivoire acquiert la simulateur dédié à la formation des métiers portuaires
Bolloré Transport & Logistics Côte d’Ivoire annonce avoir fait l’acquisition de son tout premier simulateur de conduite qui sera mis à la disposition de son centre de formation portuaire panafricain (CFPP) situé à Abidjan.
[South Africa] DHL Global Forwarding invests €7 million in new transhipment hub
DHL Global Forwarding, the international air, ocean, and road freight services provider, has inaugurated a new transhipment hub and head office in Johannesburg, South Africa.
Le port d’Abidjan entame sa phase finale
Le projet de construction du deuxième terminal à conteneurs du port d’Abidjan entame sa phase finale avec la réception de 6 portiques de quai et 7 portiques de parc
Le Terminal Roulier d'Abidjan (TERRA) obtient la labellisation "Green Terminal"
Le Terminal Roulier d’Abidjan (TERRA), qui assure la manutention et les activités liées aux navires rouliers au port d’Abidjan, a obtenu le label « Green Terminal », délivré par Bureau Veritas
Moroni Terminal s'engage dans un programme d'investissements de 5 milliards de francs comoriens
L’Union des Comores et Moroni Terminal ont procédé à la signature de l’avenant à la convention de concession du terminal à conteneurs du Port de Moroni.
Côte d'Ivoire Terminal réceptionne 14 tracteurs électriques
Côte d’Ivoire Terminal (CIT) a réceptionné 14 tracteurs électriques APM 75T HE, commandés auprès du constructeur Gaussin, et destinés à équiper le deuxième terminal à conteneurs du port d’Abidjan.
SOGECO, opérateur logistique de référence de la filière cotonnière en Mauritanie
Grâce à la mise en œuvre d’une synergie au sein des filiales de la Région Afrique Atlantique de Bolloré Transport & Logistics, le démarrage des opérations d’empotage du coton malien en Mauritanie a connu un véritable succès.
Bolloré Transport & Logistics Cameroun inaugure la nouvelle base logistique Hub de Kribi
Bolloré Transport & Logistics Cameroun inaugure Kribi Logistics Hub, une nouvelle base logistique de 24 000 M²
Bolloré Transport & Logistics Ghana implements a special storage solution adapted to the automotive industry
Bolloré Transport & Logistics Ghana received a total of 555 vehicles on behalf of CFAO Ghana PLC, part of the CFAO Group, at the Tema port. After leaving India, the vehicles were shipped in 2 batches before arriving at destination.
Egyptian last-mile delivery firm Mylerz raises $9.6 million to expand logistics solutions in North Africa
Mylerz’s proprietary logistics management technology allows it to deliver e-commerce products to customers in city centers in as fast as same-day delivery.
Ethiopian Airlines, others sign MoU toward Aviation MRO services
Ethiopian Airlines, UTD Aviation Solutions and the African Airlines Association have signed a tripartite MoU to work together on Maintenance, Repair, and Overhaul (MRO) services.
Kribi Conteneurs Terminal awarded Green Terminal label
KCT operator of the container terminal of the Autonomous Port of Kribi, has been granted the Green Terminal label following the audit conducted by Bureau Veritas.
Bolloré cède ses actifs en Afrique à MSC
Bolloré a signé le contrat prévoyant la cession au groupe MSC de 100 % de Bolloré Africa Logistics, regroupant l’ensemble des activités de transport et logistique en Afrique, sur la base d’une valeur d’entreprise de 5,7 milliards d’euros .
Kenya to host region’s first trade facilitation summit
Kenya is set to host the first trade facilitation summit in the East African region as the country seeks to increase international trade.
Ethiopian inks partnership agreement with IDIPO and Air Djibouti for sea - air transport
Ethiopian Airlines has signed a strategic partnership agreement to jointly commence sea-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti for an expeditious transportation of goods to Africa.
FedEx Express launches direct services in Egypt to meet growing trade needs
Egypt's exports in 2021 rose to $31 billion, reaching the highest level in history.
Business Insider features Morocco as one of Africa’s best investment destination in 2022
Morocco has been featured in fifth place on Business Insider’s list of the top best investment destinations in 2022. Morocco’s resilient economy and positive growth prospects all contribute to the country’s strong position as a regional investment hub.
Kanoo Africa gets nominated to provide logistics, shore support for Weddell Sea Project
Kanoo Africa, a segment of Kanoo Shipping a division of Yusuf bin Ahmed Kanoo has been nominated to provide logistics and shore support for the Weddell Sea Project.
[Ghana] Aqua Africa and LMI Logistics enter warehousing agreement
Aqua Africa has signed a logistics and warehousing partnership agreement with LMI Logistics for a 1,880 sqm of storage space lease in Tema-Ghana.
DHL Global Forwarding étend sa présence en Algérie avec de nouveaux bureaux à Alger et Hassi Messaoud
Les clients de DHL Algérie auront accès à la plateforme logistique numérique Saloodo!, à l’intégralité de la gamme des services de courtage en douane CDZ et à des projets sectoriels
DHL Global Forwarding expands presence in Algeria with new offices in Algiers and Hassi Messaoud
DHL Global Forwarding, the international provider of air, ocean, and road freight services, announced it is opening an office in Algiers to meet the growing demand for transport and logistics solutions in Algeria and across North Africa.
AD Ports signs MoU with Egypt to develop and Operate new terminal in Safaga Port
AD Ports Group signed a Memorandum of Understanding (MoU) with the Egyptian Group for Multipurpose Terminals, for the development and operation of a multipurpose terminal in Safaga Port.
[Kenya] KEPSA partners with Xetova on supply chain transformation
The agreement was sealed with the signing of a Memorandum of Understanding (MoU) that was signed by KEPSA CEO Ms. Carole Kariuki and Mr. Bramuel Mwalo, Managing Director, Xetova Limited at the KEPSA offices.
Etihad Cargo signs pharma agreement with Astral Aviation and Kenya Airways to expand its African footprint
Etihad Cargo, the cargo and logistics arm of Abu Dhabi’s Etihad Aviation Group, has expanded its pharma sector reach into Africa with the signing of a Service Legal Agreement (SLA) with Astral Aviation and Kenya Airways.
Nigeria joins World Logistics Passport as a hub
Nigeria has joined the World Logistics Passport (WLP) as a Hub, with the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) as the coordinating partner.
Hapag-Lloyd expands presence in Morocco with opening of new office
Hapag-Lloyd announced it opened its own offices in Morocco. With this additional presence in the country, the company continues to realize its growth ambitions in the most attractive markets of North Africa.
Thermal Dynamics International awarded new $2.2m contract in Africa
Alpine 4 Holdings, the operator and owner of small market businesses, announced that its subsidiary, Thermal Dynamics International, was awarded a new $2.2 million contract in Africa.
DP World broadens logistics reach in Africa with proposed acquisition of Imperial Logistics
DP World has announced an offer to acquire Johannesburg Stock Exchange-listed Imperial Logistics, an integrated logistics and market access company with operations mainly across the African continent and in Europe.
Bolloré Ports launches green terminal certification process to reduce carbon footprint
Bolloré Ports, an operator of port terminals in Africa, Asia and the Americas, has launched the "Green Terminal" certification process, which aims to reduce the carbon footprint of its activities by using a precise methodology that covers all environmental issues.
National Aviation Services and Colossal Africa acquire South African ground handling company BidAir Services
Following the acquisition, BidAir Services becomes NAS Colossal Aviation Services and is part of NAS, the largest airport services network in Africa.
DP World, Somaliland open new terminal at Berbera Port
DP World, the provider of integrated logistics solutions, and the Government of Somaliland inaugurated the new container terminal at Berbera Port, following completion of the first phase of the port’s expansion.
Imperial acquires controlling stake in Deep Catch Namibia Holdings
Deep Catch is a diversified and vertically integrated business engaged in the wholesale, distribution and cold storage of perishable foods (mainly poultry, fish and dairy products) in Namibia and the Southern African Development Community (SADC) region.
DHL adds sustainable marine fuel option for full container load shipments
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, introduced another Sustainable Marine Fuel (SMF) service for ocean freight as part of its sustainability strategy.
Speedaf express completes Round A+ financing to build China-Africa express brand
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
New Hapag-Lloyd East Africa service to arrive in Kenya and Tanzania
The new Hapag-Lloyd East Africa Service 3 (EAS3) is scheduled to arrive in Kenya and Tanzania next week. The new service will offer excellent connections to Hapag-Lloyd’s global network; Seven 2,800 TEU vessels being deployed in the service.
DHL-Ethiopian Airlines Logistics Services appoints Silvio Weiland as GM Ethiopia
DHL-Ethiopian Airlines Logistics Services, a joint venture company by DHL Global Forwarding (DHL) and Ethiopian Airlines, has appointed Silvio Weiland as general manager to oversee the strategic direction of the business in the country.
Netherlands co-finances construction of logistics center in Angola
The construction of a logistics center in Angola’s Benguela province will be co-financed by the Netherlands.
DSV Panalpina acquires South African-based courier company Globeflight Worldwide Express
The acquisition includes all Globeflight’s operations in South Africa and Swaziland and will immediately be able to fortify DSV Panalpina’s presence in the small express parcel courier sector.
[Angola] DHL partners with Unicargas to boost trade
DHL Global Forwarding is teaming up with Angolan cargo carrier, Unicargas to promote the export of locally-produced goods to Europe and the US.
Kenyan e-mobility startup Ecobodaa secures funding from Persistent Energy Capital
Persistent Energy Capital announced a strategic venture building investment and partnership with Ecobodaa, a pioneer e-mobility startup, leading the revolution of the electric motorbike taxi (bodaboda) in Kenya.
Agility opens new Logistics Park in Maputo, Mozambique
Agility, the global logistics and warehouse provider, opened a new Agility Logistics Park in Maputo, adding to its growing network of international-standard warehouse parks serving key African markets.
APM Terminals MedPort Tangier commences second phase of development in Morocco
Following a total investment of $800 million, operations at APM Terminals MedPort Tangier commenced in 2019, and it now celebrates its next major development milestone by kicking off phase-2 of the development.
Hapag-Lloyd acquires Africa specialist NileDutch
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.
DHL Industrial Projects transports 676 passenger coaches from Hungary to Egypt
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.
Hapag-Lloyd opens new office in Kenya
While the main business will be managed from the port city of Mombasa, the company will also have an office in Nairobi, the country’s capital.
Kenyan SMEs to benefit from expansion of Cargo shed in Nairobi
Kenyan Small and Medium Enterprises (SMEs) will benefit from expansion of a new warehouse at the Kenya Railways Corporation (KRC) Transit shed with an enhanced storage capacity to handle cargo for small traders within Nairobi and its environs.
Maersk to operate world’s first carbon neutral liner vessel by 2023
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.
LuLu Group launches new store in Egypt, its 200th store globally
The 8,700 square-metre hypermarket is the third LuLu in Egypt, which is planning to expand further in the biggest market in the MENA region.
EBRD supports new dry port development in Egypt
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.
[South Africa] Logistics property fund Equites announces sale of two UK distribution warehouses
The JSE listed specialist logistics property fund, Equites, announced it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million.
DHL Global Forwarding recognized as Top Employer 2021 in Middle East and Africa
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, was recognized as Top Employer for 2021 in Middle East and Africa.
InfraCo Africa, Global Logistics Services to commence construction on Liberia Inland Storage Facility project
InfraCo Africa and Global Logistics Services have signed an Engineering, Procurement and Construction contract with Liberian contractor, BMC Group, to enable construction to commence on the Liberia Inland Storage Facility project.
DHL Express purchases eight additional Boeing 777 freighters
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.
Siemens Mobility signs MoU to install high-speed rail system in Egypt
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.
DHL Global Forwarding invests $8 million in new facility in South Africa
In a strategic move that reinforces its commitment to the country, DHL Global Forwarding is investing ZAR 126.5 million, approximately $8.2 million, into a new facility in Johannesburg.
CEVA Logistics expands African footprint with joint ventures in Egypt and Ethiopia
Global logistics and supply chain company CEVA Logistics continues to expand its presence in the African market with the strengthening of its presence in two countries through two joint ventures.
Clement Blanc to lead DHL Global Forwarding in South Africa
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.
Senegal joins World Logistics Passport as hub for Africa
Senegal is to boost its position as a trade hub for Africa by joining the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade.
Investors commit billions at Lagos Free Zone in Nigeria
Lagos Free Zone (LFZ), the first privately owned special economic zone in Nigeria with an integrated deep sea port, is home to several reputable global brands.
Ethiopian Cargo launches Trans-Pacific cargo flight services, Incheon to Atlanta via Anchorage
Ethiopian Cargo & Logistics Services, Cargo Network Operator in Africa, has launched Trans-Pacific routes, extending from Incheon to Atlanta via Anchorage.
Kenyan SMES to benefit from launch of inland transit CFS
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).
Africa Logistics Properties unveils $6 million warehouse facility in Kenya targeting SMEs
Africa Logistics Properties (ALP) has launched $6 million warehousing facility for small businesses in Kenya.
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[Column] Louis Avenant: Trends for African telcos in 2024
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We provide sustainability for communities, especially communities that have very few businesses … read full interview here