Tag: Africa

MSC Boosts Connections Between Angola, Namibia and Their Key Trade Markets

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As part of MSC’s decision to expand its Sub Saharan Africa network, the company is reshuffling its Angola service, offering Pointe-Noire, Congo Republic (CR), and Matadi, Democratic Republic of Congo (DRC), as from January 2023. Offering Pointe-Noire on the Angola service will represent a significant advantage for Asia and India markets in the region. The Congolese port will serve as a key transshipment hub for cargo destinated to Angola and Namibia. Stopping the tranship via Lomé will reduce by 11 days the transit time to the main Angolan port of…

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MSC Group completes acquisition of Bolloré Africa Logistics

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PRESS RELEASE – MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the long-term commitment of MSC to invest in African supply chains and infrastructure, supporting the needs of clients of both businesses. MSC reiterates that it will operate Bolloré Africa Logistics Group as an autonomous entity with its portfolio of diversified…

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Agreement signed between Botswana Railways (BR) and National Railways of Zimbabwe (NRZ)

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Botswana Railways (BR) and National Railways of Zimbabwe (NRZ) recently signed an agreement to improve the efficiency of services offered by both administrations. Signed at Plumtree station in Zimbabwe, the agreement will allow Botswana Railways locomotives to travel through Plumtree to Bulawayo in Zimbabwe and Zimbabwe National Railways locomotives to Francistown. Prior to the agreement, Botswana Railways and Zimbabwe National Railways locomotives would turn around at Plumtree, causing delays and inefficiencies in the delivery of freight. With the signing of this agreement, not only will the delays be reduced, but…

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AFRAA CONCLUDES ITS 54TH ANNUAL GENERAL ASSEMBLY WITH EMPHASIS ON CONCERTED ACTIONS TO DRIVE AIR TRANSPORT INDUSTRY SUSTAINABILITY

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The African Airlines Association (AFRAA) and Air Senegal concluded the 54th Annual General Assembly (AGA) in Dakar, Senegal. The event was held under the High Patronage of the Government of Senegal. The Assembly, which brought together 456 delegates from 42 countries under the theme “Acing the Roadmap to Sustainable African Aviation”, called upon African airlines and air transport stakeholders to act on initiatives and strategies that will drive the sustainability of the air transport sector to realise its potential. Among others, these include: the Air Transport Sustainability Roadmap, the effective implementation of the…

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BOLLORÉ AFRICA LOGISTICS SIGNS THE CONCESSION AGREEMENT FOR THE PORT OF DOUALA TIMBER TERMINAL

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Bolloré Africa Logistics and the Autonomous Port of Douala (PAD) signed the concession agreement for the Port of Douala Timber Terminal (TBPD) on Friday 10 December 2022 in Douala. This new body, which is taking over the assets of the Société d’Exploitation des Parcs à Bois du Cameroun (SEPBC), will be in charge of developing the activities of the timber terminal in the port of Douala-Bonabéri for 15 years. This concession agreement is the result of a partnership that has linked Bolloré Africa Logistics and the Autonomous Port of Douala…

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Launch of the report “Pirates and Oil Theft in the Niger Delta: an analysis of the connection between piracy and oil bunkering”

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The CRIMSON project is pleased to announce the “Pirates and Oil Theft in the Niger Delta: an analysis of the connection between piracy and oil bunkering” report, launched on 1st December 2022 at the G7++ Friends of the Gulf of Guinea (FoGG) in Abidjan, Cote d’Ivoire. The study was coordinated by Thomas Kieler, EU Delegation Nigeria and Giulia Nicoloso, CRIMSON Team Leader. This report was written by Katja Lindskov Jacobsen and Tarila Marclint Ebiede. For an effective engagement in the Gulf of Guinea of the coastal states and international partners,…

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Senegal: African Development Bank to invest over €166 million in construction of highway to open up the country’s north

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The construction of a highway between Dakar and Saint Louis will open up Senegal’s northern regions, considered the country’s rice granary and an area with high mining potential. The Board of Directors of the African Development Bank, has approved a loan of  €166.36 million to Senegal for construction of the Dakar-Tivaouane-Saint Louis highway, which will enhance access to the north of the country. The financing comprises €119.69 million from the African Development Bank and €46.67 million from the Africa Growing Together Fund, a facility sponsored by the People’s Bank of China.…

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FORWARD THINKING SUPPLY CHAINS ARE NEEDED TO WITHSTAND DISRUPTIONS AND VOLATILITY

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More than two and a half years of disruption and volatility stretched supply chains to breaking point. Traditional and historic processes proved to be insufficient, and cracks in the critical armour of supply chain resilience are showing. For many organisations, business continuity hangs in the balance. According to MJ Schoemaker, president of SAPICS, The Professional Body for Supply Chain management, companies must do things differently to mitigate the risks and succeed in today’s challenging and constantly changing environment.  “We need forward thinking supply chains. It is crucial that organisations future…

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Uganda : Rehabilitation of Bulindo-Nsasa-Namugongo Roads

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Residents of Bulindo, Nsasa and Namugongo in Kira Municipality relieved as rehabilitation works for the 4.56 Km road that links them commences. The 4.56 Km stretch has been characterized by dust during the dry season and excess mad and gullies during the rainy season. The residents are therefore greatly relieved at the prospect of upgrading the road to bitumen standard. The Hon Minister of State for Works, Musa Ecweru officiated at the launch of the works in Kira Municipality. The rehabilitation works contract was awarded to M/S King Albert Construction…

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UNCTAD calls for investment in maritime supply chains to boost sustainability and resilience to future crises

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UNCTAD’s Review of Maritime Transport 2022, an annual comprehensive review of global maritime transport, warns that the maritime sector will require greater investment in infrastructure and sustainability to weather future supply chain crises. The UN Conference on Trade and Development (UNCTAD) in its flagship “Review of Maritime Transport 2022“ has called for increased investment in maritime supply chains. Ports, shipping fleets and hinterland connections need to be better prepared for future global crises, climate change and the transition to low-carbon energy. The supply chain crisis of the last two years has…

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