Category: Big News

UNCTAD calls for investment in maritime supply chains to boost sustainability and resilience to future crises

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UNCTAD’s Review of Maritime Transport 2022, an annual comprehensive review of global maritime transport, warns that the maritime sector will require greater investment in infrastructure and sustainability to weather future supply chain crises. The UN Conference on Trade and Development (UNCTAD) in its flagship “Review of Maritime Transport 2022“ has called for increased investment in maritime supply chains. Ports, shipping fleets and hinterland connections need to be better prepared for future global crises, climate change and the transition to low-carbon energy. The supply chain crisis of the last two years has…

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IMPERIAL ACQUIRES CONTROLLING STAKE IN ‘AFRICA FMCG DISTRIBUTION LTD’ IN NIGERIA

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Imperial, owned by DP World, has announced its Market Access business has completed the strategic acquisition of a controlling stake in Africa FMCG Distribution Ltd (AFMCG), which is part of the Chanrai Group of Companies. AFMCG is a multi-faceted business, distributing products that positively impact the lives of consumers in Africa every day. The business offers a nationwide and best-in-class route-to-market solution across multiple channels in Nigeria. Its services also extend to co-manufacturing, co-packing, sourcing and value-added services in the fast-moving consumer goods (FMCG) sector. Representing some of the world’s…

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TAQA ARABIA AND EQUATORIAL GUINEA INTRODUCE CNG VEHICLES: A KEY STEP TOWARDS OPTIMIZING DOMESTIC GAS UTILIZATION

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The African Energy Chamber strongly supports the move taken by Equatorial Guinea to optimize its gas market through the introduction of compressed natural gas-powered vehicles. Egyptian company, TAQA Arabia, has delivered its first five compressed natural gas (CNG)-powered vehicles in Equatorial Guinea as part of an agreement signed between the firm and the Ministry of Mines and Hydrocarbons to collaborate on the development and expansion of the gas market in the central African country. The African Energy Chamber (AEC), as the voice of the African energy sector, would like to…

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ETHIOPIAN AIRLINES AND BOEING ANNOUNCE ORDER FOR FIVE 777 FREIGHTERS

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Ethiopian Airlines, the largest and leading aviation group in Africa, and its longstanding partner, Boeing Inc. today announced the carrier is further expanding its all-Boeing freighter fleet with an order for five 777 Freighters (current freighters). Ethiopian Airlines Group CEO Mr. Mesfin Tasew said ”The addition of these five B777 Frieghters into our cargo fleet will enable us to meet the growing demand in our cargo operation. While cementing our partnership with the Boeing Company with new orders, the growth of our freighter fleet takes the capacity and efficiency of our…

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HAPAG-LLOYD STARTS NEW AFRICA SERVICE (MAX) FROM INDIA VIA MIDDLE EAST TO MAPUTO

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Fast connection from India via Jebel Ali to Maputo, MZ Transportation gateway for the Eastcoast of Southern Africa Hapag-Lloyd will launch its new regular service Maputo Express (MAX) beginning of June 2022, expanding its Africa network with this bi-weekly cargo-connection. The direct service will operate between Jebel Ali (AE), Mundra (IN) and Maputo (MZ). With this lean three-port rotation Hapag-Lloyd has created a new service with fast transit times from the Westcoast of India to the Eastcoast of Africa. The stopover in the port of Jebel Ali, a Middle East…

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AFRAA AND AVIAPRO CONSULTING INC. SIGN MOU ON THE PROVISION OF AVIATION CONSULTING SERVICES

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The African Airlines Association (AFRAA) has signed a memorandum of understanding (MoU) with AviaPro Consulting Inc. The MoU will provide a framework of cooperation between AFRAA and AviaPro Consulting to support the provision of aviation consulting services in the following areas: Airline network and fleet planning, Sales, pricing and revenue management, Airline operations planning and audit services, Airline start-up consulting services, Airline financial planning, Manpower sourcing for specialised airline resource requirements, Airline IT, Cargo consulting, Air service development, Aviation legal support consulting. The MoU was signed by Abdérahmane Berthé, AFRAA’s…

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« DAMIETTA ALLIANCE » DEVELOPING AND OPERATING A NEW CONTAINER TERMINAL IN DAMIETTA, EGYPT

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A new terminal will be built in the port of Damietta/Egypt. For this purpose, a Joint Venture was founded to develop and operate the new “Terminal 2” in the port. The Joint Venture “Damietta Alliance Container Terminal S.A.E.” consists of three core shareholders which are Hapag-Lloyd Damietta GmbH (39%), Eurogate Damietta GmbH (29.5%) and Contship Damietta Srl (29.5%). Two other partners, Middle East Logistics & Consultants Group and Ship & C.R.E.W. Egypt S.A.E., will each hold 1%. The new Terminal 2 at the port of Damietta is expected to start…

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STRENGTHENING THE PROFESSIONALS WHO MAKE HEALTH SYSTEMS FUNCTION

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In the wake of the COVID-19 pandemic, the human resource crisis in health supply chain management in low-income countries is more serious than ever. The pandemic exposed gaps in health systems. With eight years remaining to achieve the Sustainable Development Goal (SDG) target of universal health coverage, a greater emphasis must be given to the health workforce, including those who manage the health supply chain, according to SAPICS, The Professional Body for Supply Chain Management in Southern Africa. In line with its mission is to elevate, educate and empower supply…

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ETHIOPIAN AIRLINES, UTD AVIATION SOLUTIONS AND AFRAA SIGN MOU TO RE-ESTABLISH AFRICAN AVIATION RENAISSANCE IN MRO SERVICES

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Ethiopian Airlines MRO, UTD Aviation Solutions and the African Airlines Association (AFRAA) have signed a tripartite MoU to work together on Maintenance, Repair, and Overhaul (MRO) services in pursuance to the The Brown Condor Initiative (BCI). The signing ceremony took place at Ethiopian Airlines headquarters in Addis Ababa, Ethiopia. The Brown Condor Initiative (BCI) is a joint initiative which was conceptualized in 2020 and officially launched by UTD Aviation Solutions and AFRAA in May 2021. The BCI project is aimed at providing a platform for AFRAA members with Maintenance Repair…

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EGYPT : CABINET APPROVES KOREAN FINANCE DEAL FOR UPGRADING LUXOR-HIGH DAM RAILWAYS

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The Cabinet approved during its weekly meeting under Prime Minister Moustafa Madbouli a draft presidential decree on a financing agreement between Egypt – represented in the Ministry of Transport – and the Export-Import Bank of Korea at 1.518 euros to contribute to a project for financing a Luxor-High Dam railways at 224 kilometers. The project aims at updating the current signaling system to replace the current mechanic system by electronic one in order to ensure highest safety standards. The project will help follow up the trains’ courses via a computer…

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