PRESIDENT OF KENYA, WILLIAM RUTO INAUGURATES ROAM PARK: EAST AFRICA’S LARGEST ELECTRIC MOTORCYCLE ASSEMBLY PLANT

Roam celebrated a significant milestone earlier on tuesday 25th july, as the President of Kenya, His Excellency William Ruto, officially inaugurated Roam’s state-of-the-art electric motorcycle assembly plant, Roam Park. ‍During the inauguration, the President, accompanied by key government officials, explored the expansive facility, marvelling at the local production focus that the assembly line employed, the battery labs, and the company’s commitment to worker safety. Roam Park’s inauguration by His Excellency William Ruto represents a significant milestone not only for the company but also for the nation as a whole. It…

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Inventory management tasks and techniques

Inventory management missions: When it comes to inventory management, the word «manage» is of the utmost importance, and encompasses the following tasks: – Forecasting in inventory management: We can’t talk about management without forecasting. To manage is to forecast. When it comes to inventories, forecasting is as precise and concise as possible: – Economic quantities to be ordered. – The requirements of the various departments and workshops, necessary for their operation. – Prospecting, offer analysis and delivery lead times. – The number of orders to be placed per year. –…

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CMA CGM launches a ZEBOX hub in Abidjan to support innovation and entrepreneurship in West Africa

The CMA CGM Group, a global player in sea, land, air, and logistics solutions, officially launches ZEBOX West Africa in Abidjan, in the presence of Amadou Coulibaly, Minister for Communication and the Digital Economy and Government spokesperson, Jean-Marc Yace, Mayor of Cocody, Gwen Salley, CEO of ZEBOX, Joseph Olivier Biley, Hub Manager of ZEBOX West Africa and Xavier Collignon, Managing Director of CMA CGM Côte d’Ivoire. This is the fifth regional hub of the ZEBOX startup accelerator, following those in Europe, North America, the Caribbean, and Asia-Pacific.   8 startups…

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DRC: HEAD OF STATE INAUGURATES THE FIRST “MERCEDES BENZ” BUS ASSEMBLY PLANT

The President of the Republic, Félix Antoine Tshisekedi Tshilombo, inaugurated the “Suprême automobile” plant in Kinshasa on Saturday, June 10. The plant specializes in the assembly and manufacturing of Mercedes Benz bus bodies. The establishment of this company in the Democratic Republic of Congo (DRC) is a historic event that comes more than 30 years after the departure of the American automotive giant, General Motors, and marks the return of an automotive industry to Congo. It is the realization of the vision of the Head of State, who aims to…

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KUEHNE+NAGEL EXPANDS ITS LOGISTICS SERVICES WITH THE ACQUISITION OF SOUTH AFRICAN MORGAN CARGO

Swiss logistics group Kuehne+Nagel is set to acquire South African freight forwarder Morgan Cargo. The latter, which operates not only in South Africa, but also in Kenya and the UK, specializes in the transport of perishable goods. The transaction is expected to close in the third quarter of 2023, subject to the usual closing conditions, including the approval of the relevant competition authorities. According to a statement from the Swiss group, the acquisition will strengthen Kuehne+Nagel’s perishable logistics services while improving connectivity for its customers to and from South Africa,…

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Ghana: Kia Motors inaugurates a car assembly plant

After Nissan, Volkswagen and Toyota, it is the turn of the South Korean car manufacturer, KIA Motors, to launch a car assembly plant in Ghana. The launching ceremony of this unit, which took place on Tuesday, May 2, was attended by the President of Ghana, Nana Akufo-Addo, and the Ghanaian Minister of Trade and Industry, Micahel Okyere Baafi. Built in the town of Amasaman, located 20km north of the capital Accra, the plant occupies an area of 65,000 m2, of which 16,000 meters are devoted solely to the assembly plant. …

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International : Exclusive negotiations with the CMA CGMA Group regarding the sale of Bolloré Logistics

(Bolloré Logistics) The Bolloré Group has received a spontaneous offer from the CMA CGM Group to acquire its transport and logistics activities grouped within Bolloré Logistics. Preliminary discussions will take place to evaluate this project. The current prospects for freight demand impel us to be a global player, with a worldwide geographical footprint and local expertise. We are committed to support our customers in their international development by delivering tailor-made, competitive, agile, and innovative solutions. The joining of Bolloré Logistics’ and CEVA Logistics, a subsidiary of the CMA CGM Group,…

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Egypt : SCZONE is laying the cornerstone for the Indian factory Flex in Sokhna

Mr. Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed this morning the unveiling of the cornerstone for the Indian Flex-Egypt factory project, which specializes in the production of polyethylene (PET), in the industrial zone in Sokhna within the scope of the industrial developer Orascom for Industrial parks. The project investments are amounting to $110 million in an area of 250,000 square meters with a production capacity of 30,000 tons per month. It will be implemented in two phases over the next two…

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A.P. Moller Capital acquires Vector Logistics, South Africa’s leading frozen logistics operator

A.P. Moller Capital and RCL FOODS today announced that they have entered into a binding agreement for the purchase of Vector Logistics by A.P. Moller Capital. Vector Logistics is South Africa’s leading frozen logistics operator, providing multi-temperature warehousing and distribution, supply chain intelligence, and sales and merchandising solutions. The purchase by A.P. Moller Capital provides Vector Logistics with an opportunity to accelerate its mission of “Going Beyond” in supply chain expertise and logistics services, including expanding further afield to meet growing demand in Africa. “Vector Logistics is highly respected with…

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