Author: logistafrica

South Africa Calls on SADC Countries to Strengthen Collaboration in the Railway Sector

logistafrica

South African Minister of Transport, Barbara Creecy, on Tuesday called on the countries of the Southern African Development Community (SADC) to strengthen their collaboration in the railway sector, an industry that continues to face a myriad of challenges. The connectivity between the railways of SADC countries offers numerous opportunities to provide cost-effective and seamless rail transport services to their populations. However, the region’s railway industry has been grappling for several years with challenges such as crime, theft, and vandalism, as well as the impact of climate change, said Ms. Creecy…

Read More

ABSA TO BOOST SMMES WITH EMPOWERING CONFERENCE AND EXPO

logistafrica

The development of small businesses can help to fight unemployment in South Africa, which has soared to a record 33.5%, according to data recently released by Statistics South Africa. Recognising this and reflecting the group’s commitment to helping SMMEs (small, medium and micro enterprises) to flourish, Absa will once again host the annual Absa Enterprise and Supplier Development (ESD) Expo and Absa Smart Supplier Conference in Gauteng. Taking place on 10 and 11 September 2024 in Midrand, these are South Africa’s largest and longest standing events aimed at connecting local…

Read More

Qatar Airways expands its foothold in Africa with the acquisition of 25% of Airlink

logistafrica

Qatar Airways has announced a new milestone in its growth strategy in Africa with the acquisition of a 25% stake in the South African regional airline Airlink. This announced strategic partnership marks a significant step for both carriers and opens new perspectives for the African aviation market. “Our investment in Airlink once again illustrates how we consider Africa as a key element of our future. This partnership not only demonstrates our confidence in Airlink, a resilient, agile, financially sound company governed by rigorous principles, but also in Africa as a…

Read More

EAC Partner States urged to fast track liberalisation of the Air Transport Market

logistafrica

The East African Community (EAC) Deputy Secretary General in charge of Infrastructure, Productive, Social and Political Sectors, Hon. Andrea Aguer Ariik, has urged EAC Partner States to expedite the signing of the EAC Air Transport Market (Liberalisation) Regulations as part of efforts to enhance regional integration and stimulate economic growth in East Africa. Hon. Ariik’s plea comes in the wake of concluded development of the Regulations for Liberalisation of the Air Transport Market in the EAC Region. The regulations are expected to be submitted to the 19th Meeting of EAC…

Read More

Nigeria’s roadmap to digital transformation under the AfCTA

logistafrica

The country is investing in digital infrastructure and talent development, aiming to unlock new economic growth opportunities Nigeria is positioning itself to lead the continent in digital commerce within the African Continental Free Trade Area (AfCFTA) framework. Already, the country’s digital economy has transformed the way millions of citizens shop, bank, and communicate, reshaping the nation’s trade landscape and unlocking new pathways for economic growth. The AfCFTA aims to harmonize digital trade rules and principles, ensuring a streamlined, secure, and inclusive digital trading environment to enhance digital trade within Africa…

Read More

Comoros becomes the 165th member of the World Trade Organization (WTO)

logistafrica

On August 21, 2024, Comoros reached a crucial milestone in its economic development by becoming the 165th member of the World Trade Organization (WTO). This accession marks the culmination of a negotiation process that lasted 17 years, demonstrating the country’s determination to integrate into the global economy. Comoros, an archipelago located in the Indian Ocean, thus becomes the tenth least developed country (LDC) to join the WTO through negotiations. This accession is particularly significant as it opens new prospects for the country’s economic development. WTO Director-General Ngozi Okonjo-Iweala warmly welcomed…

Read More

Intra-African Trade: Afreximbank Compliance Forum Announced in Dakar for September

logistafrica

The African Export-Import Bank (Afreximbank) and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) are preparing to organize a major event aimed at improving compliance practices in African trade. Under the theme: “Better Compliance – Better Trade: The Implications of New FATF Requirements on Ultimate Beneficial Owner Identification and Their Impact on Trade“, this International Compliance Forum will be held from September 4 to 6, 2024 in Dakar, Senegal. The high-level event will address crucial topics for the development of trade in Africa, including: Financial Action Task…

Read More

DRC : Congolese Government Called to Present a Viable Project for the Development and Revival of the Lobito Corridor

logistafrica

The Deputy Prime Minister, Minister of Transport, Communication Routes and Opening Up, Jean-Pierre Bemba, accompanied by the Ministers of Infrastructure, Alexis Gisaro, and of Portfolio, Jean-Lucien Busa, as well as representatives of the Ministers of Finance, Planning and Justice, chaired an important meeting this morning in the large Council of Ministers room at the government hotel. The meeting focused on the development and revival of the Lobito Corridor railway with a significant delegation from the U.S. government’s Partnership for Global Infrastructure and Investment (PGI). The U.S. Government presented to the…

Read More

GCCA ISSUES CALL TO ACTION ON FOOD SUPPLY CHAIN RESILIENCE AND BOOSTING TRADE IN AFRICA

logistafrica

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free Trade Area (AfCFTA) and to boost prosperity, food supply chain resilience, and trade across the continent, says the Global Cold Chain Alliance (GCCA) today as the GCCA Africa conference opens at the Westin Hotel in Cape Town. The GCCA is the international association for temperature-controlled logistics businesses. The GCCA Africa conference will see Africa’s cold chain professionals gather for two days of discussion on key challenges and opportunities related to the storage and…

Read More

PUBLIC PROCUREMENT ACT, SUSTAINABLE PRACTICES, TENDERS IN THE SPOTLIGHT AT INDABA

logistafrica

This year’s 18th annual Smart Procurement World Indaba, which takes place in Gauteng from 9 to 12 September 2024, is one of the most important ever, according to the organisers. It comes hot on the heels of the signing into law of the Public Procurement Bill by President Cyril Ramaphosa. Around 600 procurement professionals are expected to attend the event to learn, network and explore issues that include this long-awaited legislation. Still to be gazetted and come into force, the Act is currently the subject of intense debate, with procurement professionals…

Read More