Category: Logistic

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

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(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

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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

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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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BOLLORÉ AFRICA LOGISTICS BECOMES AGL FOR AFRICA GLOBAL LOGISTICS

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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…

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President Ramaphosa attends to state of South Africa’s logistics system

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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…

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Fez Delivery, a techstars-backed logistics startup announces Seed raise of $1 million led by Ventures Platform

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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…

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Kuehne+Nagel Group opens a centre in Abidjan to cover its activities in West Africa.

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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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Egypt: opening of a bus assembly plant co-built by two Chinese and Saudi companies

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A new bus assembly plant, co-built by two companies, Chinese and Saudi, has started production in Egypt’s new city of Suez, and the first buses produced by this plant are expected to roll off the assembly lines soon. Speaking at a delayed inauguration ceremony held in the city on Tuesday, Hamed Al Mutabagani, chairman of the Saudi company ATM Misr, said the plant was designed with an annual production capacity of 500 buses. The plant covers an area of 164,000 square meters and is equipped with advanced assembly lines, warehousing,…

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An ‘Uber’ for trucks: connecting cargo owners with transporters

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By Rédaction Africanews and RAZIAH ATHMAN Hassan Magufuli on his phone, truck crosses, demonstration of how the app works, Hassan interacts with drivers, trucks parked Hassan Magufuli is searching for a transporter amid a logistical nightmare. However, he doesn’t need to hustle physically. When he started working as a broker ten years ago, it would take hours to get cargo on the road but now on a phone, it takes just a few minutes to complete the process. “Before we had many challenges. Brokers would steal money, cargo would get…

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