Day: 22 March 2022

THE PERFECT IMPERFECTION OF ONLINE SHOPPING

logistafrica

Humankind has come a long way since we “shopped” for goods by bartering with our neighbours. “Here’s a fish in exchange for a bunch of carrots and a cabbage” evolved into “here’s 50 cowrie shells for a chicken”. Then came the first coin in the form of the Mesopotamian shekel, and some 5 000 years later, it is the digital age, and we shop and pay not with cash but with clicks. The COVID-19 crisis fuelled unprecedented growth in e-commerce. According to a McKinsey report on “The future of work after…

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THE AFRICA INVESTMENT FORUM: CATALYZING FINANCING FOR GAME-CHANGING ABIDJAN-LAGOS HIGHWAY PROJECT

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The construction of the  1,081-kilometer Abidjan-Lagos highway will have a significant impact on the economies of five West African countries – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria. Valued at $15.6 billion and led by the Economic Commission of West African States, this transformative public-private partnership project was the largest investment opportunity showcased at the Africa Investment Forum virtual boardrooms held from 15 to 17  March 2022. The Africa Investment Forum is a transactional, multi-stakeholder and multi-disciplinary platform that raises capital for large-scale investments in Africa. In advance of the…

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MERIDIAM SIGNS THE CONTRACT FOR THE FIRST ELECTRIC BUS IN AFRICA IN DAKAR

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Meridiam has just signed the concession contract for the Bus Rapid Transit (BRT) project in Dakar. This project, that Meridiam will implement with its partners Keolis and Fonsis is the first of its kind in Africa[1], and represents a total investment of more than €135 million. It includes the operation and maintenance for 15 years of this new clean public transport network, entirely dedicated to 100% electric buses. It is expected to be operational in the summer of 2023. This project will create about 1000 direct and local jobs, with…

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