News
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Agility Completes £763 Million Acquisition of Menzies Aviation
Agility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of UK-based John Menzies PLC and…
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RMB funds Greenfield Dry Bulk Port Concession in Côte d’Ivoire
Rand Merchant Bank (RMB) (www.RMB.co.za), in partnership with two other commercial banks, acted as Mandated Lead Arranger, of a EUR90m…
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European Road Freight Market to grow by 4.9% in 2022
Ti’s latest market forecasts show that the European road freight market will expand by 4.9% in real terms to reach…
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EABC wants logistics charter to boost region’s competitiveness
Transport and logistics costs in East Africa compose of 35%-42% of production, too high compared to 8% in Asian countries,…
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South African Airways and Kenya Airways Sign Codeshare agreement
Kenya Airways (KQ), Kenya’s national carrier, and South African Airways (SAA) have signed a codeshare agreement that opens more destinations…
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Kale Logistics joins Port Management Association of Eastern & Southern Africa
Kale Logistics Solutions (Kale) has joined as an associate member of the Port Management Association of Eastern & Southern Africa…
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Air travel recovery continues to gather momentum, says IATA
The International Air Transport Association (IATA) announced passenger data for May 2022 showing that the recovery in air travel accelerated…
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UNCTAD urges African countries to diversify exports amid economic shocks
African countries must diversify their exports to survive economic shocks from global crises such as the COVID-19 pandemic and the…
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Dubuy.com expands Africa presence with launches in Ghana and Zambia
DP World has announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in both Ghana and…
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Soaring dollar risks widening US trade deficit
For the first time in over two decades the exchange rate between the US Dollar and the Euro has hit…
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