Category: News

Emirates Strengthens Its Presence in South Africa with a Fourth Daily Flight to Johannesburg

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Emirates Airlines, the global leader in international air transport, has announced a significant expansion of its services to South Africa. Starting March 1, 2025, Emirates will add a fourth daily flight between Dubai and Johannesburg, thereby reinforcing its presence in this key market. This new service, operated by a three-class Boeing 777-300ER, will offer an additional 708 seats per day in each direction. Flight EK767 will depart Dubai at 00:10 to arrive in Johannesburg at 06:20, while the return flight EK768 will leave Johannesburg at 10:15 to land in Dubai…

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LOGIS-TRADE NEWS 002

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Discover the second issue of our new periodic publication that provides an “Overview of Trade News in Africa”. The guest for this issue is Tabara Diop, COO of Logidoo, who wrote in the Opinion section on 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐚𝐧𝐝 𝐀𝐟𝐂𝐅𝐓𝐀: 𝐃𝐢𝐚𝐠𝐧𝐨𝐬𝐢𝐬 𝐚𝐧𝐝 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬. 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…

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A Giant Step for the Lobito Corridor: Zambia and Angola Sign Historic Agreement

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In a major development for transport infrastructure in Africa, the Transport Ministers of Zambia and Angola have signed a crucial agreement for the Lobito Corridor railway project. The ceremony took place on the sidelines of the 79th session of the United Nations General Assembly in New York. Hon. Eng. Counsel Museba Frank Tayali, Zambian Minister of Transport and Logistics, and his Angolan counterpart Ricardo Daniel Sandaõ Queirõs de Abreu, signed the concession agreement for the Lobito Corridor railway development with the Africa Finance Corporation (AFC), the project’s lead developer. Mr.…

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Morocco: Successful Launch of Tramway Lines T3 and T4 by RATP Dev in Casablanca

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RATP Dev, the main public transport operator in Casablanca since 2012, has confirmed the successful launch of two new tramway lines, T3 and T4, in Morocco’s economic capital. This sustainable mode of transport aims to streamline and facilitate mobility for residents and tourists in this rapidly growing city. Building on the trusted partnership between Casa Transports and RATP Dev, which began with the launch of the T1 tram line in 2012 and T2 in 2019, the two new tram lines T3 and T4 were successfully inaugurated more than a decade…

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Zeno Raises $9.5 Million to Lead Africa’s Electric Revolution

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Zeno, a startup co-founded by Tesla alumnus Michael Spencer, has secured $9.5 million in an oversubscribed seed funding round, positioning itself to make a significant impact on Africa’s energy and transport landscape. This funding was led by Lowercarbon Capital and Toyota Ventures, with support from investors like 4DX Ventures, Active Impact, Advantedge, MCJ Collective, and RedBlue Ventures. The influx of capital will allow Zeno to roll out its innovative electric motorbikes with swappable battery technology in East Africa by early 2025, marking a milestone in the region’s electric vehicle (EV)…

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Menzies expands presence in Africa with new cargo facility

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Boasting high-end facilities and cutting-edge technology, the new cargo warehouse enables Menzies to offer high quality, efficient and safe services to airlines, including launch customers Airlink and Qatar Airways Menzies Aviation (www.MenziesAviation.com), the leading service partner to the world’s airports and airlines, has announced the official opening of its new cargo facility at Maputo International Airport (MPM) in Mozambique.   The state-of-the-art facility means that Menzies can now handle cargo at MPM, increasing Mozambique’s freight capacity. This represents a significant expansion in Menzies’ footprint across East Africa, with the company’s…

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Africa on the Move: AfDB Forum Charts the Course for the Future of Transportation

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From September 18 to 20 in Abidjan, the African Development Bank (AfDB) Transport Forum brought together experts and decision-makers around an ambitious theme: “Africa on the Move – Accelerating Sustainable Transport Connectivity and Logistics”. This event highlighted the challenges and opportunities in Africa’s transport sector, outlining a roadmap for the future. A Call to Action for Continental Integration Solomon Quaynor, Vice President of the AfDB Group, emphasized the importance of ongoing initiatives: “The Programme for Infrastructure Development in Africa (PIDA) [includes] cross-border infrastructure projects and programs [touching] the main sectors…

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SAPICS ANNOUNCES BOTSWANA SUPPLY CHAIN SUMMIT TO STRENGTHEN AFRICA’S SUPPLY CHAINS

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Leading supply chain industry body SAPICS has announced its participation in the upcoming inaugural Botswana Supply Chain Summit, reflecting its commitment to elevating, educating and empowering supply chain professionals not just in South Africa but across the continent. “SAPICS recognises Africa’s potential as a global supply chain force, and the imperative to strengthen African supply chains to unlock the region’s growth and prosperity,” comments SAPICS president MJ Schoemaker. The Botswana Supply Chain Summit takes place on 6 and 7 November 2024 in Gaborone. “This is a pivotal event; a milestone…

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DP WORLD TRADE FINANCE AND NEDBANK PARTNER TO DELIVER WORKING CAPITAL SOLUTIONS ACROSS SUB-SAHARAN AFRICA

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Partnership includes a supply chain finance program for DP World suppliers in the region, with Nedbank as the financer Risk sharing/co-lending initiatives to increase overall credit available for clients in SSA Businesses across sub-Saharan Africa that face working capital challenges, stand to benefit from a new partnership between DP World Trade Finance and Nedbank Corporate and Investment Bank (“Nedbank CIB”). The partnership includes initiatives in supply chain finance for DP World’s suppliers in sub-Saharan Africa (SSA) and a risk-sharing agreement to enhance the trade finance availability to businesses across the…

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PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets

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The company offers a unified simple payment solution that will be a game changer for cross-border online merchants looking at Africa as their next move for strategic growth Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions.  PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the company offers a unified simple payment solution that will be a game…

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