Thursday 1 February 2024 will go down in the history of the Port of Abidjan, which welcomed for the first time the CMA CGM “Scandola”, a container ship powered by Liquefied Natural Gas (LNG). The CMA CGM “Scandola”, with its imposing dimensions of 366 m long and 51.11 m wide and a capacity of… read more on maritimafrica.com
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African Development Bank Fuels Mozambique’s Rail Advancements with $40 Million Loan
The recent $40 million loan approval from the African Development Bank to Mozambique’s Rail and Port Authority, Portos e Caminhos de Ferro de Moçambique EP (CFM), marks a significant milestone in enhancing the country’s railway infrastructure. This financial injection aims not only to boost trade and development but also to shape a more sustainable future for Mozambique. Approved on January 31, 2024, as part of CFM’s strategic plan for 2021-2024, the loan targets the acquisition of rolling stock for the country’s primary railway corridor, the Ressano Garcia line. The African…
Read MoreUganda: House approves new aviation law
Parliament has passed the Civil Aviation Authority (Amendment) Bill, 2024 that will bring Uganda’s aviation authority in conformity with the Convention on International Civil Aviation. This follows the approval of eight amendments under the proposed Bill, which will now be forwarded to the President for assent. The Bill was passed on Thursday, 01 February 2024 at a sitting chaired by Deputy Speaker Thomas Tayebwa. The law also prohibits the chief investigator from disclosing any investigation records like cockpit records, recordings and transcripts of recordings The new law will give…
Read MoreReload Logistics Expands Portfolio with Sulphur Bulk Terminal Acquisition in Richards Bay
Reload Logistics, a leading provider of end-to-end supply chain solutions in Africa, has recently acquired a 50,000 sqm Sulphur Bulk Terminal in Richards Bay and now performs record-setting discharging at this strategic location. Reload’s latest acquisition has an indoor storage of 20,000 sqm, a loading area of 10,000 sqm, and has operations for simultaneous offloading, bagging, and loading for both rail and trucks of containerized or break-bulk cargo. The latest in a series of acquisitions, this is a strategic asset for Reload Logistics, empowering the company to deliver reliable and…
Read MoreETHIOPIA TO BAN THE IMPORTATION OF NON-ELECTRIC CARS
By APA-ADDIS ABABA (ETHIOPIA) The Ethiopian Ministry of Transport and Logistics announced on Tuesday that it will only allow the entry of electric vehicles into the country. The ministry made this announcement during the presentation of a semi-annual performance report to the standing committee on urban development and transport of the House of People’s Representatives (Ethiopian Parliament). Alemu Sime, the Minister of Transport and Logistics, revealed the completion of Ethiopia’s logistics master plan, which envisions the implementation of “green transportation” in the East African country. “A decision has been made…
Read MoreArrow Electronics Expands Centre of Excellence in Egypt for Next-gen Automotive Capabilities
Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with connected, autonomous and electrification technologies in the automotive industry Arrow Electronics, Inc. (NYSE:ARW), a global provider of technology solutions, and its engineering services company, eInfochips, have announced the expansion of its Automotive Centre of Excellence (CoE) in Egypt to assist customers in the development of next-gen automotive products. Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with connected, autonomous and electrification technologies in the automotive industry. The complexities associated with adopting such emerging…
Read MoreAfrican Development Bank, Attijariwafa Bank Europe sign €100 million risk-sharing agreement to unlock private sector potential to drive African trade
The African Development Bank (www.AfDB.org) and Attijariwafa bank Europe, European subsidiary of the Attijariwafa bank group, have signed a €100 million risk-sharing agreement to strengthen businesses and trade across Africa. The pact is expected to catalyse nearly €500 million worth of trade for companies operating in more than twenty African countries. It will help to diversify production capacity in beneficiary countries and bolster competitiveness, generate higher tax revenues and create new jobs. The agreement will position Attijariwafa bank to scale up financing to firms in the health, agriculture and…
Read MoreWho should be responsible for addressing Africa’s logistical infrastructure challenges?
For decades – one of the greatest challenges to the development of Africa’s mining industry can largely be attributed to limited infrastructure, including power, water supply, and importantly, roads and rail. Addressing Africa’s logistical infrastructure challenges could unlock economic benefits, including increased investment in mining, improved transportation networks, increased export capabilities and increased revenue and job creation, while also benefiting other sectors like manufacturing and construction. “Through Mining Indaba’s Disruptive Discussions format in 2024, taking place on the Disruptive Discussions Main Stage, we are no longer merely acknowledging the…
Read MoreALGERIA: PUBLICATION OF AN INFORMATIVE GUIDE ON E-COMMERCE
Algerie Presse Service – The guide, which comprises four main sections addressing the conceptual framework and risks related to online purchases, provides citizens with advice on how to conduct e-commerce transactions in accordance with the provisions of Law 18-05. It also offers a number of tips to ensure safe online shopping. The guide also discusses the main methods and techniques of online scams and fraud, as well as how to react to these phenomena. The aim is to raise awareness among citizens and enhance their vigilance when engaging in online purchases.…
Read MoreSMALL BUSINESSES CAN GET A BIG BOOST BY APPLYING FOR CITY OF CAPE TOWN’S SMART SUPPLIER PROGRAMME
Applications close on 26th January 2024 The eighth annual Smart Supplier Readiness Programme has been launched by the City of Cape Town. This initiative aims to grow and support small businesses. It will empower them to engage effectively with corporate supply chains and access new and larger contract opportunities in the public and private sector. Applications for the programme are open and all qualifying vendors are invited to apply before the closing date on 26 January 2024. The City of Cape Town has again partnered with Smart Procurement World to offer this…
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