Day: 23 October 2024

Vulnerability of supply chains exposed as global maritime chokepoints come under pressure

logistafrica

The latest Review of Maritime transport urges action to strengthen infrastructure and operations, promote low-carbon shipping and combat growing concerns over fraudulent ship registrations. The global economy, food security, and energy supplies are at increasing risk due to vulnerabilities at key maritime routes. The Review of Maritime Transport 2024 from UN Trade and Development (UNCTAD) reveals that critical chokepoints – such as the Panama Canal (connecting the Pacific and Atlantic Oceans), the Red Sea and the Suez Canal (linking the Mediterranean Sea to the Indian Ocean via the Arabian Peninsula), and the…

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Maritime Transport: A Pillar of Resilient African Trade 

logistafrica

Maritime transport is emerging as a fundamental lever in building resilient African trade, as highlighted in UNCTAD’s recent report. This evolution revolves around several strategic axes that strengthen the continent’s capacity to maintain stable trade exchanges despite global disruptions. Significant Maritime Growth and Flexibility in Crisis The notable increase in port activities in Africa, marked by a 20% rise in container vessel calls and a 38% increase in tanker calls between 2018 and 2023, demonstrates a strengthening of the continent’s logistics capabilities. This progression creates a solid foundation for more…

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Rabbit Mobility Raises $1.3 Million: A New Breath for Green Mobility in Egypt

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Rabbit Mobility, a pioneer in micromobility in Egypt, has just completed a $1.3 million funding round led by venture capital firm 500 Global and Untapped Global, a specialist in smart asset financing. This major fundraising will enable the company to accelerate its mission: to offer Egyptians sustainable, efficient, and accessible transportation alternatives. With over 1 million trips completed and 450,000 users, Rabbit Mobility has already demonstrated its great potential. This new funding will enable the company to: Expand its offer: By tripling its fleet, Rabbit Mobility will be able to…

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