Category: Hot News

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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Logis-T Africa Women #001

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Discover the first issue of our magazine dedicated to women in the transport and logistics sector in Africa. On the front page, the spotlight is on 6 women (from Benin, Ivory Coast, Nigeria, Kenya, Senegal and Togo) who are each demonstrating leadership in the transport and logistics sector in their respective countries. We thank our guest editor who made the selection and conducted the interviews: Pascaline ODOUBOUROU, founder and editor-in-chief of Maritimafrica. Read and download the magazine here

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NAMPORT INVESTS CLOSE TO 17 MILLION NAMIBIAN DOLLARS IN NEW CARGO HANDLING EQUIPMENT

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The Namibian Ports Authority today commissioned 2 Reach Stackers and 4 forklifts, a development that is sure to provide satisfaction to all affected stakeholders.  As it is Namport’s core business to handle cargo, the acquisition of these cargo handling equipment was a critical step on the company’s roadmap towards effective and efficient service delivery to its valued customers. The entity has set forth its strategic plan to underpin the achievement of its vision and drive to be the best performing seaports in Africa. Underlying the strategic plan are four strategic…

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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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DP WORLD’S OFFER TO ACQUIRE 100% STAKE IN IMPERIAL SUCCESSFULLY CONCLUDED

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Imperial Logistics Limited (‘Imperial’) and DP World Logistics FZE (‘DP World’) are pleased to advise that all conditions precedent regarding DP World’s offer to acquire a 100% stake in Imperial, including regulatory approvals, have been fulfilled. The transaction is now unconditional and will be implemented on 14 March 2022. “We are excited about concluding this transaction, which will be value-enhancing for our people, clients and principals, for our service offering across the markets we serve, and for our other key stakeholders who will benefit from DP World’s leading technology, capabilities,…

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KENYA : GOVT LINKS KISUMU PORT TO THE PORT OF MOMBASA WITH ROAD, RAIL

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The government has invested billions of shillings to revive and make Kisumu Port great again After three years of dereliction, Kisumu Port is slowly finding back its clout thanks to a government that’s determined to reposition the facility as a business hub for the Great Lakes region. Government Spokesman Col (Rtd) Cyrus Oguna said the port has now been linked to its ocean counterpart in Mombasa through multi-billion-shilling investments in road infrastructure and the revamped Nakuru-Kisumu Meter Gauge Railway line (MGR). Goods ferried through the Standard Gauge Railway (SGR) from…

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DONATED COACH AND TRUCK ARRIVE IN ZAMBIA

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Two vehicles donated by two long-standing corporate partners of Transaid have arrived at the Industrial Training Centre (ITC) in Lusaka, Zambia, to begin a new life as training vehicles. A Scania coach donated by Southern Vectis, which is part of the Go-Ahead Group, and a Volvo truck unit donated by the Malcolm Group, were both transferred to the ITC during a recent official handover ceremony. The vehicles will be utilised in the training of drivers, supporting efforts to make the roads safer by improving professional driver training standards in Zambia.…

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WESTERN UGANDA ROADWAY PAVES THE WAY FOR HIGHER INCOMES, MORE TOURISM REVENUE IN THE REGION

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The Kigumba–Masindi–Hoima–Kabwoya road in western Uganda has opened for traffic, paving the way for increased regional trade, tourism and oil production. A $109 million loan from the African Development Fund and $34 million from the Ugandan government funded the Road Sector Support Project 4, which included civil works for upgrade of the 135-km  road from gravel to bitumen standard. With the road upgrade, travel time to northern Uganda is expected to reduce by 50 percent. The roadway also links the region to the east of the Democratic Republic of Congo…

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EMERGING MARKETS RANKINGS SHOW AFRICAN GAINS IN DIGITAL READINESS

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Sub-Saharan countries embracing digital economy to boost competitiveness Leading African economies that have struggled to improve their infrastructure, business conditions and overall competitiveness are generally performing better against other emerging markets in areas that measure their digital skills and sustainability. That’s one of the findings of the 2022 Agility Emerging Markets Logistics Index (https://bit.ly/3uzQjyo), a ranking of the world’s 50 leading emerging markets. Kenya ranks No. 28 in the overall Index but is 17th in digital readiness. South Africa, No. 24 overall, is 21st in digital readiness. Likewise, Ghana is 32nd overall and…

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NEW PEARL LOUNGE OPENS AT KENNETH KAUNDA INTERNATIONAL AIRPORT IN ZAMBIA

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Departures lounge located at new terminal in Lusaka National Aviation Services (NAS) and NAC2000 Corporation today launched their Pearl Lounge at Kenneth Kaunda International Airport (KKIA) in Lusaka, Zambia. The lounge located at the new terminal is part of Zambia Airports Corporation Limited’s (ZACL) efforts to upgrade international airports in the country. Last June, ZACL awarded a five-year tender to NAS and NAC2000 to build and operate an exclusive departure lounge catering to passengers travelling out from Lusaka. The 588 square meter Pearl Lounge includes … Click on the following…

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