PORT AUTONOME DE POINTE-NOIRE : Construction of Two Maritime Quays Progressing Perfectly and Could Be Completed by September 2024

In order to increase its ship reception capacity and maintain its leadership in Central Africa, the Port Autonome de Pointe-Noire (PAPN) has been undertaking the construction of two maritime quays on the eastern side of the existing port basin since 2021. An agreement was signed with the company RAZEL-BEC, which was awarded the contract for this project financed by the French Development Agency (AFD). Begun in July 2021, the construction of these two infrastructures responds to the desire of the port authority to ensure that the PAPN meets the new…

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South Korea Seeks to Strengthen Trade Ties with Three African Nations

The Ministry of Trade, Industry and Energy said Wednesday it has discussed ways to expand trade cooperation with three African countries by concluding Economic Partnership Agreements (EPAs). Trade Minister Cheong In-kyo met with the ambassadors of Morocco, Tanzania and Kenya in Seoul to discuss ways to strengthen economic ties between South Korea and Africa, the ministry said. An EPA aims to establish a mutually beneficial trade network with partner nations beyond simple market opening, though it has a more limited scope compared to a traditional free trade agreement (FTA). South…

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Uber Invests $100 Million in Moove, an African Mobile Transportation Solutions Platform

Uber investit 100 millions de dollars dans Moove

Ride-hailing giant Uber has announced a $100 million investment in Moove, an African startup specializing in vehicle financing solutions. This transaction, which marks Uber’s first venture capital investment in Africa, aims to support Moove’s growth and facilitate vehicle ownership for Uber drivers across Africa. Founded in 2015, Moove offers innovative and affordable financing solutions to taxi and motorcycle drivers, enabling them to purchase new and used vehicles. The startup uses artificial intelligence technology to assess the creditworthiness of customers and offer them financing plans tailored to their needs. Moove currently…

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DP World Hits Back at Djibouti Share Purchase

DP World, in a statement released by the government of Dubai, has announced that it will continue to pursue all legal means in its dispute over the Doraleh Container Terminal (DCT), following what it calls “Djibouti’s blatant disregard for the rule of law”. The statement is in response to the Djiboutian government’s announcement, on September 10, that it will nationalise all shares held by the Port of Djibouti, S.A (PDSA) in the DCT…. read more on maritimafrica

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LOGISTAFRICA MAGAZINE N°006

Dear Readers and Partners, It is with great joy and immense satisfaction that I reconnect with you on the occasion of the sixth issue of Logistafrica, after a few months of silence that were well-utilized to meet and exchange ideas with professionals across various parts of the continent. Whether during my various travels or through online meetings, I have taken the time to engage with professionals from Dakar to Cape Town, passing through Abidjan, Cotonou, Lomé, Douala, Rabat, etc., all with the aim of better serving you through this magazine.…

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Afreximbank’s Fund for Export Development in Africa inaugurates Kigali office with eye on addressing Africa’s $110 billion equity financing shortfall

The African Export – Import Bank (Afreximbank) has officially unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA was established to tackle Africa’s US$110 billion financing gap for intra-African trade, value-added export development, and industrialisation value chains, with Rwanda being the first among fifteen African nations to ratify its establishment agreement. The event was graced by the Right Honourable Dr. Edouard Ngirente, the Prime Minister of the Republic of Rwanda who was accompanied by the President and Chairman of the Board of Directors of Afreximbank,…

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Royal Air Maroc Expands Its Wings, with three New Destinations 

Royal Air Maroc (RAM) is continuing its expansion with the opening of three new air routes from Casablanca, connecting the city to Naples, Manchester, and Abuja. This initiative is part of the airline’s development plan and aims to meet the growing demand of travelers and strengthen RAM’s position on the international market. Starting June 22, 2024, passengers will be able to enjoy direct flights to Naples, Italy. Two frequencies per week (Monday and Saturday) will be available, offering a convenient alternative for business travelers and tourists. This new link will…

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Côte d’Ivoire : AGL launches “YIRI”, the regional innovation center dedicated to african youth

On March 18, 2024 in Abidjan, Asta-Rosa Cissé, Regional Director of Africa Global Logistics (AGL) for Côte d’Ivoire and Burkina Faso, launched the activities of “YIRI”, Africa Global Logistics’ flagship of innovation. This centre, located in the heart of the Ivorian capital, aims to support the digital transformations of Africa’s logistics by stimulating innovation at AGL. “YIRI” will provide a framework for creativity and the exploration of new ideas that can have a positive impact on the logistics industry in Africa. Several specific support programmes will be launched to enable…

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Morocco-Spain Rail Tunnel: A Bridge to Prosperity, Accelerated Ahead of the 2030 World Cup

Le Tunnel Ferroviaire Maroc-Espagne : Un Pont Vers la Prospérité, Accéléré En Prévision De La Coupe Du Monde 2030

The long-gestating project for a rail tunnel linking Morocco and Spain across the Strait of Gibraltar is gaining new momentum. The joint organization of the 2030 FIFA World Cup by Morocco, Spain, and Portugal has accelerated discussions and feasibility studies. This major link between Europe and Africa promises significant economic benefits for both continents. A major asset for Morocco and Africa Stimulating trade and investment:The tunnel will facilitate the transport of goods and people, promoting trade between Europe and Africa. This will attract new investment and create business opportunities in…

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Supply chain dictionary : lean logistics

Imagine a logistics company that operates like a Formula 1 team: fast, fluid, and without waste. This is the essence of Lean logistics, an operations management approach that aims to eliminate “muda,” or activities that do not add value to the customer. Lean logistics focuses on the essentials: Delivering the right product, to the right place, at the right time, and at the right cost. Eliminating unnecessary steps, unnecessary inventory, and waiting times. Improving the quality and reliability of service. Lean logistics has many advantages: Cost reduction:lower inventory, transportation, errors,…

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