International : 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,…

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Nigerian Aviation Outfit, Falcon Aero, Unveils Tech Platforms to Ease Business Jet Booking

Nigerian business aviation firm, Falcon Aerospace Limited (www.FalconAero.org), has unveiled innovations designed to ease business jet booking and make access to the service more inclusive. The firm introduced the products at a recent event in Lagos, Nigeria, where it unveiled its operational business units…. read more on africaaero.org

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ABSA HOSTED MADE IN AFRICA EVENT TO IGNITE AFRICAN BUSINESS BY CONNECTING THE CONTINENT’S BUYERS AND SELLERS

David Mparutsa, head of Enterprise & Supply Chain Development at Absa Africa   “It is time for Africa. It is time for Africa to harness its people, its resources, and its resilience for the betterment of all. It is time for large corporates and public sector entities to open up their supply chains for the betterment of local businesses. It is time for financial institutions to support this agenda through providing innovative and non-traditional ways to offer financing to African businesses.” This was the message from David Mparutsa, head of…

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Egypt : 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…

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Kenya, Congo and Chad Accede to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement

The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa (FEDA), the development impact-oriented subsidiary of African Export-Import Bank (Afreximbank). These successive accessions provide positive momentum for FEDA and demonstrate a shared commitment from Afreximbank Member Countries to support the organization’s impact investing objectives. It creates a powerful catalyst to increase equity and equity-like funding for African companies that promote industrialization, Intra-Africa trade and value-added export development. FEDA already has strategic investments in The Republic of Congo…

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MSC, a Key Driver in a Fruitful partnership Between Two Continents: Africa and Europe

Africa is a fruit powerhouse and Europe is loving it. Over the past few years, the African continent has been providing up to 70% of Europe’s fresh fruit consumption, and it’s not slowing down any time soon. These delicious and nutritious fruits have made their way into European kitchens, making people healthier and happier than ever before…. read more on maritimafrica.com

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Morocco-USA: towards the strengthening of cooperation links in the field of transport

Within the framework of the relations between the Kingdom of Morocco and the United States of America (USA), Mr. Mohammed ABDELJALIL, Minister of Transport and Logistics, held a working meeting, on Wednesday, April 05, 2023 at the headquarters of the Ministry, with His Excellency Mr. Puneet TALWAR, Ambassador Extraordinary and Plenipotentiary of the United States of America in Rabat, accompanied by an important delegation of the economic service at the Embassy. On this occasion, both parties praised the excellent cooperation relations between Morocco and the USA, and expressed the ambition…

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E-COMMERCE : A New Era of Digital Retail in Africa

According to Google Africa, the continent is home to 19 of the top 20 fastest-growing countries in the world, and its internet economy has the potential to grow to $180 billion by 2025 Exploring innovation coupled with cutting-edge tech is on the up as brands and retailers consider what, when and how to ride the new wave of consumerism in Africa. With the future of digital retail in Africa an exciting and ever-changing landscape.   Africa Overview Customer expectations are forcing retailers to reassess the service they provide, not just…

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