Category: HighLights

SAPICS ANNOUNCES 2024 SPRING SUMMIT FOR SUPPLY CHAIN PROFESSIONALS

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 The Professional Body for Supply Chain Management (SAPICS) has announced that its Spring conference takes place in Johannesburg on 29 August 2024. This event will explore the latest trends, innovations and best practices in the industry. The programme includes compelling presentations from the 46th annual SAPICS Conference which took place in Cape Town in June and saw more than 750 supply chain managers from 30 countries gather to share knowledge and network. The organisers state that the SAPICS Spring Summit offers supply chain managers who were unable to attend the…

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Guinea and Guinea-Bissau Soon to be Connected by a New Strategic Road: Launch of the Boké-Québo Project

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On July 20, 2024, Guinea officially launched the construction of the Boké-Québo road, a major infrastructure project aimed at connecting the country to Guinea-Bissau. The groundbreaking ceremony took place in the urban commune of Boké, attended by Prime Minister Amadou Oury Bah and several high-ranking government officials and representatives of international organizations. This ambitious project includes the rehabilitation of a 41-kilometer road section between Boké and Quebo, as well as the construction of a 255-meter bridge. Located on the Dakar-Lagos Trans-African Highway 7 corridor, this axis is crucial for transport…

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SUPPLY CHAIN DICTIONARY : LOGISTICS CORRIDOR

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A logistics corridor is a route or itinerary designed to optimize the movement of goods from their point of origin to their final destination. This corridor integrates multiple modes of transport such as roads, railways, waterways, and seaports, and uses specialized logistics infrastructure and services to ensure an efficient, fast, and secure supply chain.   Benefits of Logistics Corridors Optimization of the Supply Chain: Reduces transit times and transportation costs through optimized routes. Improves logistics operations efficiency by better coordination between different modes of transport. Reduction of Logistics Costs: Minimizes…

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South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

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In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans.   The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully guaranteed by the government of South Africa. It will facilitate the first…

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SENEGAL-TRANSPORTS-INNOVATION / Electric car: a regulatory framework put in place in Senegal

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 (APS) The Minister of Infrastructure and Land and Air Transport, Malick Ndiaye, promised, Monday, in Dakar, to support the regulatory framework put in place the same day to promote and regulate the use of electric car in Senegal. ”It is necessary to put in place a regulatory framework to encourage dealers, importers and users to opt for electric vehicles,” said Mr. Ndiaye. He was speaking at a workshop devoted to the establishment of a regulatory framework responsible for governing the entry of electric cars into Senegal. ”The regulatory framework examined…

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2024 SAPICS CONFERENCE – DRONES DELIVER MEDICINE, MAIL, MONEY AND SPARE PARTS TO HARDEST-TO-REACH LOCATIONS

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Drone technology is taking off and cargo drones are being used successfully in supply chains around the world, to deliver things ranging from critical medicines, mail and money to spare parts and tissue samples. At the recent SAPICS Conference in Cape Town, Africa’s leading event for the supply chain profession, a panel of experts discussed the potential for drones to optimise supply chains for a wide range of commodities and expand healthcare access. Panellists at SAPICS 2024 explained how drone technology is constantly developing and transforming last mile deliveries of…

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Dubai’s Hala E-hailing App Makes First Move into Africa with Egyptian Expansion

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Dubai-based ride-hailing service Hala is setting its sights on new horizons, announcing its first international expansion into Egypt. Through a strategic partnership with MwaslaTech, a local provider of smart transport solutions, Hala plans to bring its innovative e-hailing platform to Egyptian customers. This agreement marks a significant milestone for Hala, signifying its ambition to grow beyond the United Arab Emirates. The company aims to leverage its success in the UAE to capture a share of Egypt’s rapidly growing ride-hailing market. According to industry estimates, the Egyptian ride-hailing market is projected…

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LOGIS-TRADE NEWS 001

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We are delighted to present the first issue of our new periodical publication that provides an ‘Overview of Trade News in Africa’. Our goal is to keep you informed about the most important developments and emerging trends shaping Trade on the continent. In each issue, we will offer you a summary of essential information: Major trade agreements Significant sector developments Progress in regional economic integration Changes in trade policies Challenges and opportunities for African trade AfCFTA news Whether you are a trade professional, an investor, a policy maker, or simply…

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ECOWAS Fast-Tracks Mano River Union Corridor Development with 7th Joint Technical Steering Committee Meeting

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The ECOWAS Commission, in collaboration with the Secretariat of the Mano River Union (MRU), successfully held the 7th Joint Technical Steering Committee Meeting of the Multinational Road Development and Transport Facilitation Program within the Mano River Union (MRU) in Monrovia, Liberia from July 9 to 10, 2024. The two-day meeting brought together representatives from the project’s member countries – Côte d’Ivoire, Guinea, and Liberia – alongside the ECOWAS Commission, the MRU Secretariat, and the African Development Bank (AfDB). The main objective was to review progress made on the implementation of…

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Abidjan-Lagos Road Corridor: ECOWAS Takes a New Step with a Validation Workshop on Trade and Transport Facilitation

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The ECOWAS Commission organized a three-day technical workshop to review an interim report on the trade and transport facilitation study for the Abidjan-Lagos road corridor development project. This workshop, held from June 27 to 29, 2024, in Lomé, brought together representatives from member states, regional and international institutions, as well as development partners, to review progress made and agree on a framework for the smooth movement of goods, services, people, and vehicles along the corridor. The main objective of the workshop was to validate the interim report and gather feedback…

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