Tag: logistics in Africa

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

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In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans.   The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully guaranteed by the government of South Africa. It will facilitate the first…

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New South African government tackles logistics challenges to boost economic growth

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The South African government has announced its intention to address the country’s major logistics challenges over the next five years, seeing them as an obstacle to economic growth and development. Transport Minister Barbara Creecy said at the 42nd meeting of the South African Transport Conference that “the South African logistics sector is not functioning effectively either as an economic enabler or as a social service.” In the face of these challenges, the government has set several priorities: Improve key logistics corridors: This involves tackling delays and congestion at strategic transit…

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MOL to Take Equity Stake in Alistair Group, A Leading Logistics Company in Sub-Saharan Africa – Strengthening Logistics Services in Africa

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TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has agreed to acquire a 25% stake in Tanzania-based Alistair Group (President: Alistair James), a cross-border logistics company serving Sub-Saharan Africa. Alistair Group has offices in eight countries in Southeast Africa. Its business centers on cross-border logistics services for truck transport of copper, cobalt, and other critical mineral resources produced in the Democratic Republic of Congo and Zambia in inland Africa to coastal export ports. It is also engaged in customs clearance, warehouse operations, cargo handling…

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Morocco : Logistics Gets a Boost in Kenitra with Oulad Bourahma’s 44.5-Hectare Platform

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A major new project is underway in Kenitra, aimed at strengthening the region’s logistics infrastructure. The Moroccan Agency for Logistics Development (AMDL) is planning to create a large-scale logistics platform on a 44.5-hectare site located in Oulad Bourahma. This ambitious project aims to meet the growing demand for logistics services in the region, driven by the presence of several industrial zones and a dynamic economic activity. The logistics platform will offer a modern and equipped space for companies operating in the transport, warehousing and distribution sectors. A strategic location for…

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Reload Logistics Unveils New Brand Identity and Major Expansions

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The new brand embodies Reload’s commitment to constant innovation, ensuring clients receive the most efficient and forward-thinking solutions for their cargo Logistics, a leading provider of end-to-end supply chain solutions, proudly unveils its new brand identity to better align with its innovative, modern approach to logistics. Founded in 2007, Reload has been strategically amassing assets across major routes and ports in Sub-Saharan Africa to provide clients with the most flexible and accessible solutions in the market. The new brand embodies Reload’s commitment to constant innovation, ensuring clients receive the most efficient…

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DT Global Europe concludes transport and logistics support project in Ethiopia

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(ATALAYAR) Funded by the European Union, the project contributes to improving the quality of regional transport, the logistics sector and climate-related social outcomes in Ethiopia DT Global Europe has successfully completed a transport and logistics support project in Ethiopia funded by the European Union and widely recognised by both the EU Delegation in Ethiopia and the main local beneficiary institutions. This project has been a major milestone in the country’s logistics reform through its contribution to improving the service of regional transport corridors, increasing the efficiency and effectiveness of the…

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Adani Ports Signs 30-Year Concession To Operate Container Terminal 2 At Dar Es Salaam Port

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Adani International Ports Holdings Pte Ltd. (AIPH), a wholly owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port, Tanzania. Dar es Salaam Port is a gateway port with a well-connected network of roadways and railways…. read more on maritimafrica.com

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AD Ports Group and Economic Development Board of Madagascar Sign MoU to Explore Development of Ports, Maritime and Logistics

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AD Ports Group (ADX: ADPORTS), one of the world’s leading facilitators of global trade, logistics, and industry, and the Economic Development Board of Madagascar have today signed of a Memorandum of Understanding (MoU), to explore a dynamic partnership focused on bolstering commercial opportunities across maritime, industry and logistics sectors in Madagascar… read more on maritimafrica.com

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Alonso Group Strengthens Maghreb Presence with Launch of Alonso Forwarding Morocco

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Global logistics leader Alonso Group has further expanded its international network with the launch of Alonso Forwarding Morocco. The new branch, headquartered in Casablanca, Morocco’s economic and port hub, reinforces the company’s coverage in the Maghreb region. Comprehensive Logistics Solutions Alonso Forwarding Morocco offers a complete range of logistics services, including third-party logistics (3PL). With a particular focus on maritime transport, the branch handles full container loads (FCL) and consolidated shipments (LCL). Additionally, they facilitate land transport between Morocco, the Iberian Peninsula (Spain and Portugal), and the rest of Europe,…

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Galison Manufacturing Completes Order of 50 Wagons for DRC-Zambia Logistics Corridor

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(Railways Africa) – Galison Manufacturing, a South African-based industry leader in the manufacture and supply of railway freight wagons and mining equipment, is pleased to announce the successful completion of an order for 50 lightweight dual-purpose wagons for a major logistics company operating between the Democratic Republic of Congo (DRC) and Zambia. The order, awarded in mid-2023, involved the manufacture of lightweight wagons, each capable of carrying both containers and non-containerised cargo such as copper and sulphur in bags with high sides fitted. A key feature of these wagons is…

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