Top 10 African countries in the 2023 Logistics Performance Index – World Bank
Category: Logistic
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. …
Read MoreInternational : 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,…
Read MoreEgypt : 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…
Read MoreA.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…
Read MoreBOLLORÉ AFRICA LOGISTICS BECOMES AGL FOR AFRICA GLOBAL LOGISTICS
AGL (AFRICA GLOBAL LOGISTICS,) at the heart of Africa’s transformation Bolloré Africa Logistics unveiled its new brand on March 30, 2023. The company will now operate under the name: AGL, standing for Africa Global Logistics. With this new brand, AGL affirms its ambition within the MSC Group to continue to contribute to the sustainable transformation of Africa and emerging markets, thanks to its global, customized, and innovative logistics solution. As the reference multimodal logistics operator (port, logistics, maritime and rail) in Africa, AGL has the ambition to participate in the…
Read MorePresident Ramaphosa attends to state of South Africa’s logistics system
President Ramaphosa met with the members of the Transnet board and the executive management team at the Union Buildings in Pretoria President Cyril Ramaphosa has directed Transnet to implement reforms swiftly and completely to turn around the crisis in South Africa’s logistics system. President Ramaphosa met with the members of the Transnet board and the executive management team at the Union Buildings in Pretoria on, 28 March 2023, to discuss the challenges facing the country’s logistics system, including the declining performance of the freight rail network. Government has set…
Read MoreDP World expands offering at Berbera Port with new edible oil terminal
New facility will be a game changer in the Horn of Africa, reducing logistics costs for a key commodity and creating vital local jobs Initial phase of terminal already leased on long-term basis to a major business read more on maritimafrica.com
Read MoreFez Delivery, a techstars-backed logistics startup announces Seed raise of $1 million led by Ventures Platform
LAGOS, Nigeria, March 28, 2023/APO Group/ — Fez Delivery (https://FezDelivery.co/), a leading logistics and delivery company, announced its $1 million seed round today. Ventures Platform led the funding round, with participation from Voltron Capital, Acasia Ventures (formerly Cairo Angels), and other angel investors. This funding announcement follows Fez Delivery’s acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto, an elite global tech accelerator. Fez Delivery was founded in 2020 by Seun Alley, as a pivot from her previous company which offered janitorial…
Read MoreKuehne+Nagel Group opens a centre in Abidjan to cover its activities in West Africa.
Swiss transport and logistics services provider Kuehne+Nagel Group has announced the opening of a new office in Abidjan, Côte d’Ivoire, to strengthen its presence in West Africa. This expansion is part of the company’s strategy to expand its activities on the African continent according to its Roadmap 2026. The new office will be headed by Alexandre Muratore, who until this appointment was managing director of Kuehne+Nagel Qatar. He will oversee the Swiss group’s activities in 12 other West African countries: Benin, Burkina Faso, Ghana, Guinea, Guinea-Bissau, Gambia, Liberia, Mauritania, Nigeria,…
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