Category: News

SAPICS ANNOUNCES 2024 SPRING SUMMIT FOR SUPPLY CHAIN PROFESSIONALS

logistafrica

 The Professional Body for Supply Chain Management (SAPICS) has announced that its Spring conference takes place in Johannesburg on 29 August 2024. This event will explore the latest trends, innovations and best practices in the industry. The programme includes compelling presentations from the 46th annual SAPICS Conference which took place in Cape Town in June and saw more than 750 supply chain managers from 30 countries gather to share knowledge and network. The organisers state that the SAPICS Spring Summit offers supply chain managers who were unable to attend the…

Read More

COMESA-EAC-SADC Tripartite Free Trade Area Set to Launch on July 25, 2024

logistafrica

In a significant milestone for African economic integration, the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA) Agreement is scheduled to come into force on July 25, 2024. This development follows the recent ratification of the agreement by Angola, bringing the total number of ratifying countries to 14 – the threshold required for the agreement to take effect. The announcement was made during the 37th Tripartite Task Force Meeting held on July 20, 2024, in Accra, Ghana. The meeting brought together the chief executives of the three Regional Economic Communities (RECs) involved:…

Read More

Guinea and Guinea-Bissau Soon to be Connected by a New Strategic Road: Launch of the Boké-Québo Project

logistafrica

On July 20, 2024, Guinea officially launched the construction of the Boké-Québo road, a major infrastructure project aimed at connecting the country to Guinea-Bissau. The groundbreaking ceremony took place in the urban commune of Boké, attended by Prime Minister Amadou Oury Bah and several high-ranking government officials and representatives of international organizations. This ambitious project includes the rehabilitation of a 41-kilometer road section between Boké and Quebo, as well as the construction of a 255-meter bridge. Located on the Dakar-Lagos Trans-African Highway 7 corridor, this axis is crucial for transport…

Read More

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

logistafrica

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans.   The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully guaranteed by the government of South Africa. It will facilitate the first…

Read More

SENEGAL-TRANSPORTS-INNOVATION / Electric car: a regulatory framework put in place in Senegal

logistafrica

 (APS) The Minister of Infrastructure and Land and Air Transport, Malick Ndiaye, promised, Monday, in Dakar, to support the regulatory framework put in place the same day to promote and regulate the use of electric car in Senegal. ”It is necessary to put in place a regulatory framework to encourage dealers, importers and users to opt for electric vehicles,” said Mr. Ndiaye. He was speaking at a workshop devoted to the establishment of a regulatory framework responsible for governing the entry of electric cars into Senegal. ”The regulatory framework examined…

Read More

2024 SAPICS CONFERENCE – DRONES DELIVER MEDICINE, MAIL, MONEY AND SPARE PARTS TO HARDEST-TO-REACH LOCATIONS

logistafrica

Drone technology is taking off and cargo drones are being used successfully in supply chains around the world, to deliver things ranging from critical medicines, mail and money to spare parts and tissue samples. At the recent SAPICS Conference in Cape Town, Africa’s leading event for the supply chain profession, a panel of experts discussed the potential for drones to optimise supply chains for a wide range of commodities and expand healthcare access. Panellists at SAPICS 2024 explained how drone technology is constantly developing and transforming last mile deliveries of…

Read More

Dubai’s Hala E-hailing App Makes First Move into Africa with Egyptian Expansion

logistafrica

Dubai-based ride-hailing service Hala is setting its sights on new horizons, announcing its first international expansion into Egypt. Through a strategic partnership with MwaslaTech, a local provider of smart transport solutions, Hala plans to bring its innovative e-hailing platform to Egyptian customers. This agreement marks a significant milestone for Hala, signifying its ambition to grow beyond the United Arab Emirates. The company aims to leverage its success in the UAE to capture a share of Egypt’s rapidly growing ride-hailing market. According to industry estimates, the Egyptian ride-hailing market is projected…

Read More

LOGIS-TRADE NEWS 001

logistafrica

We are delighted to present the first issue of our new periodical publication that provides an ‘Overview of Trade News in Africa’. Our goal is to keep you informed about the most important developments and emerging trends shaping Trade on the continent. In each issue, we will offer you a summary of essential information: Major trade agreements Significant sector developments Progress in regional economic integration Changes in trade policies Challenges and opportunities for African trade AfCFTA news Whether you are a trade professional, an investor, a policy maker, or simply…

Read More

ECOWAS Fast-Tracks Mano River Union Corridor Development with 7th Joint Technical Steering Committee Meeting

logistafrica

The ECOWAS Commission, in collaboration with the Secretariat of the Mano River Union (MRU), successfully held the 7th Joint Technical Steering Committee Meeting of the Multinational Road Development and Transport Facilitation Program within the Mano River Union (MRU) in Monrovia, Liberia from July 9 to 10, 2024. The two-day meeting brought together representatives from the project’s member countries – Côte d’Ivoire, Guinea, and Liberia – alongside the ECOWAS Commission, the MRU Secretariat, and the African Development Bank (AfDB). The main objective was to review progress made on the implementation of…

Read More

Abidjan-Lagos Road Corridor: ECOWAS Takes a New Step with a Validation Workshop on Trade and Transport Facilitation

logistafrica

The ECOWAS Commission organized a three-day technical workshop to review an interim report on the trade and transport facilitation study for the Abidjan-Lagos road corridor development project. This workshop, held from June 27 to 29, 2024, in Lomé, brought together representatives from member states, regional and international institutions, as well as development partners, to review progress made and agree on a framework for the smooth movement of goods, services, people, and vehicles along the corridor. The main objective of the workshop was to validate the interim report and gather feedback…

Read More