Category: News

PORT AUTONOME DE POINTE-NOIRE : Construction of Two Maritime Quays Progressing Perfectly and Could Be Completed by September 2024

logistafrica

In order to increase its ship reception capacity and maintain its leadership in Central Africa, the Port Autonome de Pointe-Noire (PAPN) has been undertaking the construction of two maritime quays on the eastern side of the existing port basin since 2021. An agreement was signed with the company RAZEL-BEC, which was awarded the contract for this project financed by the French Development Agency (AFD). Begun in July 2021, the construction of these two infrastructures responds to the desire of the port authority to ensure that the PAPN meets the new…

Read More

Nissan Africa: New Leadership and Renewed Ambitions

logistafrica

Jordi Vila takes over as President of Nissan Africa, succeeding Joni Paiva who is rejoining the Renault Group. Japanese automaker Nissan has announced the appointment of Jordi Vila as President of Nissan Africa. Mr. Vila replaces Joni Paiva who, after 11 years at Nissan, is returning to the Renault Group. The appointment of Mr. Vila as head of Nissan Africa marks a new era for the company on the continent. With his experience and ambitious vision, Mr. Vila is well-positioned to lead Nissan Africa towards a promising future and sustainable…

Read More

South Korea Seeks to Strengthen Trade Ties with Three African Nations

logistafrica

The Ministry of Trade, Industry and Energy said Wednesday it has discussed ways to expand trade cooperation with three African countries by concluding Economic Partnership Agreements (EPAs). Trade Minister Cheong In-kyo met with the ambassadors of Morocco, Tanzania and Kenya in Seoul to discuss ways to strengthen economic ties between South Korea and Africa, the ministry said. An EPA aims to establish a mutually beneficial trade network with partner nations beyond simple market opening, though it has a more limited scope compared to a traditional free trade agreement (FTA). South…

Read More

Uber Invests $100 Million in Moove, an African Mobile Transportation Solutions Platform

logistafrica
Uber investit 100 millions de dollars dans Moove

Ride-hailing giant Uber has announced a $100 million investment in Moove, an African startup specializing in vehicle financing solutions. This transaction, which marks Uber’s first venture capital investment in Africa, aims to support Moove’s growth and facilitate vehicle ownership for Uber drivers across Africa. Founded in 2015, Moove offers innovative and affordable financing solutions to taxi and motorcycle drivers, enabling them to purchase new and used vehicles. The startup uses artificial intelligence technology to assess the creditworthiness of customers and offer them financing plans tailored to their needs. Moove currently…

Read More

DP World Hits Back at Djibouti Share Purchase

logistafrica

DP World, in a statement released by the government of Dubai, has announced that it will continue to pursue all legal means in its dispute over the Doraleh Container Terminal (DCT), following what it calls “Djibouti’s blatant disregard for the rule of law”. The statement is in response to the Djiboutian government’s announcement, on September 10, that it will nationalise all shares held by the Port of Djibouti, S.A (PDSA) in the DCT…. read more on maritimafrica

Read More

Afreximbank’s Fund for Export Development in Africa inaugurates Kigali office with eye on addressing Africa’s $110 billion equity financing shortfall

logistafrica

The African Export – Import Bank (Afreximbank) has officially unveiled its Fund for Export Development in Africa (FEDA) office in Kigali, Rwanda. FEDA was established to tackle Africa’s US$110 billion financing gap for intra-African trade, value-added export development, and industrialisation value chains, with Rwanda being the first among fifteen African nations to ratify its establishment agreement. The event was graced by the Right Honourable Dr. Edouard Ngirente, the Prime Minister of the Republic of Rwanda who was accompanied by the President and Chairman of the Board of Directors of Afreximbank,…

Read More

Royal Air Maroc Expands Its Wings, with three New Destinations 

logistafrica

Royal Air Maroc (RAM) is continuing its expansion with the opening of three new air routes from Casablanca, connecting the city to Naples, Manchester, and Abuja. This initiative is part of the airline’s development plan and aims to meet the growing demand of travelers and strengthen RAM’s position on the international market. Starting June 22, 2024, passengers will be able to enjoy direct flights to Naples, Italy. Two frequencies per week (Monday and Saturday) will be available, offering a convenient alternative for business travelers and tourists. This new link will…

Read More

Côte d’Ivoire : AGL launches “YIRI”, the regional innovation center dedicated to african youth

logistafrica

On March 18, 2024 in Abidjan, Asta-Rosa Cissé, Regional Director of Africa Global Logistics (AGL) for Côte d’Ivoire and Burkina Faso, launched the activities of “YIRI”, Africa Global Logistics’ flagship of innovation. This centre, located in the heart of the Ivorian capital, aims to support the digital transformations of Africa’s logistics by stimulating innovation at AGL. “YIRI” will provide a framework for creativity and the exploration of new ideas that can have a positive impact on the logistics industry in Africa. Several specific support programmes will be launched to enable…

Read More

Morocco-Spain Rail Tunnel: A Bridge to Prosperity, Accelerated Ahead of the 2030 World Cup

logistafrica
Le Tunnel Ferroviaire Maroc-Espagne : Un Pont Vers la Prospérité, Accéléré En Prévision De La Coupe Du Monde 2030

The long-gestating project for a rail tunnel linking Morocco and Spain across the Strait of Gibraltar is gaining new momentum. The joint organization of the 2030 FIFA World Cup by Morocco, Spain, and Portugal has accelerated discussions and feasibility studies. This major link between Europe and Africa promises significant economic benefits for both continents. A major asset for Morocco and Africa Stimulating trade and investment:The tunnel will facilitate the transport of goods and people, promoting trade between Europe and Africa. This will attract new investment and create business opportunities in…

Read More

MSC South Africa Inaugurates MEDLOG Cold Store Facility, Paving the Way for Trade Advancements

logistafrica

South Africa, known for its vibrant maritime industry, has witnessed a significant milestone with the inauguration of the MEDLOG Cold Store Facility by MSC South Africa. Established as a testament to MSC’s longstanding commitment to the region, this state-of-the-art facility marks a pivotal moment in South Africa’s trade landscape. Since its inception in 1971, MSC Group has been an integral part of South Africa’s maritime domain, steadily expanding its presence across various entities. From the Mediterranean Shipping Company to MSC Logistics (MEDLOG), the group’s footprint spans strategically located offices in…

Read More