Category: Big News

“OPIBUS” REBRANDS – BECOMES “ROAM”

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Opibus, a Swedish-Kenyan technology company that develops, designs and manufactures electric vehicles with a bid to lead the transition to sustainable  transport has rebranded to ROAM.  The purpose of the change is to better represent the values the company stands for. ROAM means to travel over a wide area, signifying the company’s exploration of Africa. The new name is intended to reflect the company’s ambition to electrify Africa’s transportation sector, as well as its grand ambition to deliver disruptive technologies optimized for the local use case all over the continent. …

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COMOROS: AFRICAN DEVELOPMENT FUND COMMITS $21.6 MILLION TO UPGRADE NATIONAL ROAD NETWORK

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The Board of Directors of the African Development Fund approved on Thursday in Abidjan $21.6 million in grants for the third phase of the National Road Network Rehabilitation Program in the Union of Comoros. The grants comprise $14.1 million from the African Development Fund, the concessional window of the African Development Bank Group, and $7.5 million from the Transition Support Facility, a special purpose entity within the Bank Group that provides funding complementary to its other instruments. The project’s third phase will focus on improving the RN2 (Ourovéni-Foumbouni) in Grand…

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CAMEROON CONSTRUCTION OF A NEW TERMINAL AT THE PORT OF DOUALA-BONABÉRI

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The Director General of the Douala Port Authority (PAD), Mr. Cyrus Ngo’o and the General Administrator of the KTH Company signed last Thursday, March 31st, a Convention for the construction, operation and renovation before retrocession to the PAD, of 42 ha of mixed bulk carriers terminals. With a total cost of 280 billion CFA francs, this project is carried out under a BOT type agreement: financing entirely sought by the promoter without endorsement or guarantee from the PAD, for a period of 5 years of construction and 25 years of operation. With a…

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DP WORLD LAUNCHES E-COMMERCE PLATFORM DUBUY.COM IN TANZANIA

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A part of the leading global logistics provider DP World, DUBUY.com opens a new digital trade corridor for Tanzania and the East Africa region The wholesale platform brings efficient, reliable B2B eCommerce to Tanzania, enabling market access for businesses of all sizes Uniquely, the new digital trading corridors created by DUBUY.com will be supported by the physical corridors DP World has built across the African continent, including ports, terminals, and logistics operations DP World today announces the launch of its wholesale e-commerce platform DUBUY.com in Tanzania. The online marketplace will…

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eWAKA OFFICIALLY LAUNCHES GREEN RESPONSE TO AFRICA’S EXPANDING TRANSPORTATION REQUIREMENTS

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Fund Raising Effort Underway to Develop Local African Assembly Facility and to Further Expand Robust IT Capabilities eWAKA (eWAKA.tech), Africa’s new market entrant that is spearheading sustainable mobility options to enhance the region’s economic prospects, today officially launched a green response to Africa’s expanding transportation requirements. eWAKA is currently fund raising to develop a local African assembly facility and to further expand the existing IT capabilities for increased client security and improved operating performance of their transportation vehicles. eWAKA offering consists of a comprehensive line of electric vehicles for multiple customer…

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SOUTH AFRICAN CIVIL AVIATION AUTHORITY CONFIRMS THE INDEFINITE SUSPENSION OF COMAIR’S AIR OPERATOR CERTIFICATE

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Following the 24hour precautionary suspension of Comair PTY Ltd.’s Air Operator Certificate (AOC) privileges on Saturday morning 12 March 2022, the South African Civil Aviation Authority (SACAA) confirms that the AOC is now indefinitely suspended pending the Operator addressing all the findings as communicated by the Regulator on Saturday morning. The SACAA recognises the efforts of the Operator to close the findings as speedily as possible and in this regard the Operator started dispatching the evidence to the Regulator from the evening of Saturday 12 March 2022. The inspectorate team…

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EGYPTIAN LOGISTICS PLATFORM NAQLA RAISES $10.5 MILLION IN PRE-SERIES A

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Naqla, Egypt’s trucking technology platform and marketplace connecting truck owners with cargo companies, has raised $10.5 million in a PreSeries A round. The round was led by major investors El Sewedy Capital Holding (SCH), Hassan Allam Holding (HAH), and the Sallam Family. Naqla’s core mission is to modernize and expand Egypt’s supply chain through technology by automating orders between shippers and drivers through its two main apps. Naqla has seen rapid growth into 35+ active zones, overseeing the movement and delivery of over 4.6 million tonnes of cargo since its…

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HAPAG-LLOYD TO ACQUIRE CONTAINER LINER BUSINESS OF AFRICA SPECIALIST DEUTSCHE AFRIKA-LINIEN (DAL)

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Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) today signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL. With a history dating back to the year 1890, DAL is an established liner shipping company for the transportation of containerised cargo and operates with four liner services between Europe, South Africa and the Indian Ocean. Headquartered in Hamburg, the Africa expert is represented with own offices in Germany and South Africa as well as through third-party agents in 47 countries worldwide. Their liner business (including agencies)…

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SMALL-SCALE TRADE SET TO RISE AT KENYA- ETHIOPIA BORDER

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Small scale trade along the Kenya- Ethiopia border is poised to thrive following bilateral negotiations between the two parties to agree on a Common List of products to be traded under the COMESA Simplified Trade Regime (STR). The negotiations took place on 1st March 2022 at the Moyale border post and addressed the implementation of the STR between two countries. The STR was launched in 2010, to enable small-scale traders’ benefit from COMESA’s trade liberalization programme by simplifying and formalizing the trade. The meeting was part of the implementation of…

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SUPPLY CHAIN PROFESSION WILL MEET FACE-TO-FACE AGAIN AT SAPICS 2022

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This year’s 44 th annual SAPICS Conference will be a milestone one as Africa’s leading event for supply chain professionals will once again be an in-person gathering. “The 2022 SAPICS Conference, which takes place at Century City Conference Centre, Cape Town, from 12 to 15 June 2022, is a not-to-be-missed, very special, celebratory event. We are excited to be able to host a face-to-face event again after two virtual SAPICS Conferences due to the pandemic,” says MJ Schoemaker, president of SAPICS (The Professional Body for Supply Chain Management). She notes…

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