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Energy Capital & Power

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    • Invest in African Energy (IAE) 2024: Africa Global Logistics (AGL) Joins as Bronze Sponsor, Highlighting Africa's Supply Chain Transformation
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Source: Energy Capital & Power |

Invest in African Energy (IAE) 2024: Africa Global Logistics (AGL) Joins as Bronze Sponsor, Highlighting Africa's Supply Chain Transformation

Africa Global Logistics (AGL) – a major logistics, transport and port operations player in Africa – has joined the Invest in African Energy (IAE) 2024 forum in Paris as a Bronze Sponsor

The multimodal logistics operator is shaping the future of Africa’s supply chains through several recent developments. The company launched its AGL Lobito Terminal in Angola this month, which has the capacity to handle more than one million tons of bulk goods per year and drive Angola’s transformation into a regional…

Afreximbank

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    • Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations
    • Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations (FR)
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Source: Afreximbank |

Afreximbank delivers exceptional financial results in 2023 amidst a challenging operating environment, results well ahead of expectations

Net interest income reached US$1.4 billion at the end of the 2023 financial year, compared to US$910.3 million in 2022

African Export-Import Bank ("Afreximbank" or the "Group") (www.Afreximbank.com) has released the consolidated financial statements of the Bank and its subsidiaries for the year ended 31 December 2023. Largely propelled by the Bank's and its subsidiaries' growth, the Group's results for the financial year ended 31 December 2023 demonstrate a strong and…

World Health Organization (WHO) - South Sudan

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    • Delivering over 50 metric tons of medical supplies to the Blue Nile and Nuba Mountains in Sudan
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Source: World Health Organization (WHO) - South Sudan |

Delivering over 50 metric tons of medical supplies to the Blue Nile and Nuba Mountains in Sudan

Due to the limited access and operational capacity in Sudan, the WHO Country Office in Sudan collaborated with WHO South Sudan office to facilitate the delivery of humanitarian commodities

The ongoing crisis in Sudan has significantly impeded the ability of the WHO office in Sudan to access and deliver essential emergency medical supplies to the regions of the Blue Nile and Nuba Mountains. Due to the limited access and operational capacity in Sudan, the WHO Country Office in Sudan…

Energy Capital & Power

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    • Details of Transnet Draft Network Statement Shared at Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) 2024
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Source: Energy Capital & Power |

Details of Transnet Draft Network Statement Shared at Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) 2024

Taking place March 17-19, SIDSSA promotes infrastructure investment across various segments of the economy

South African rail, port and pipeline company Transnet recently published its network statement, which details the functions of the infrastructure manager and the contractual agreements for private sector operators. The statement is a step towards introducing third-party access to South Africa’s rail network. Speaking during the Sustainable Infrastructure Development Symposium…

International Rescue Committee (IRC)
Source: International Rescue Committee (IRC) |

Sudan: International Rescue Committee (IRC) faces an over 40% increase in aid shipping costs amid Red Sea disruption

The IRC has been compelled to seek alternative routes for the delivery of essential pharmaceutical supplies which are critical for life saving health services

Due to escalating security concerns and attacks on commercial vessels in the Red Sea, our carrier has made the difficult decision to suspend operations to Port Sudan through the Red Sea route. As a result, the IRC has been compelled to seek alternative routes for the delivery of essential pharmaceutical…

Kaspersky

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    • Kaspersky presents industrial cybersecurity review and predictions for 2024
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Source: Kaspersky |

Kaspersky presents industrial cybersecurity review and predictions for 2024

African countries are undergoing rapid digitalisation and integration into the world’s economy, while at the same time facing a significant cybersecurity under-investment problem

At the 9th annual Cyber Security Weekend – META conference held recently in Kuala Lumpur, Malaysia, Kaspersky (www.Kaspersky.co.za) presented an industrial cybersecurity review for the countries in the region and outlined the key cybersecurity challenges for industrial enterprises in the year ahead. According to Kaspersky Security Network (KSN) statistics, in…

Webb Fontaine

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    • Beyond Borders: Webb Fontaine’s Port Community System (PCS) Redefining Global Trade Logistics (EN)
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Source: Webb Fontaine |

Beyond Borders: Webb Fontaine’s Port Community System (PCS) Redefining Global Trade Logistics

By addressing long-standing impediments like port congestions and delays in the release of goods, Webb Ports stands out through the promotion of efficient communication among stakeholders

In the dynamic world of global trade, Webb Fontaine's Port Community System (PCS) (https://www.WebbFontaine.com) emerges as a transformative force, heralding a new era in the automation of port logistics and trade facilitation. At its core, the PCS offers a compelling solution to the complex challenges that nations encounter in their…

Agility
Source: Agility |

Global Logistics Execs see coming Surge of African Investment

Industry planning for expansion despite concerns about emerging markets risks

Nearly 62% of global logistics professionals say their companies are planning additional or first-time investments in Africa, according to a closely watched yearly industry survey. The survey of 830 logistics executives is part of the 15th annual Agility Emerging Markets Logistics Index (https://apo-opa.co/4bD4lSW), a snapshot of industry sentiment and ranking of…

African Development Bank Group (AfDB)

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    • The African Development Bank loan will enable CFM to buy 10 locomotives, 300 wagons, and 120 tank containers
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank lends $40 million to the Mozambique Rail and Port Authority to buy rolling stock for the Ressano Garcia railway line

Project implementation will improve logistics and reduce the cost of transporting goods and products using cost-effective, efficient means benefiting from economies of scale

Finance Approval date: 31 January 2024 Project name: Mozambique - Portos e Caminhos de Ferro de Moçambique EP (CFM) Amount: The African Development Bank is making a $40-million corporate loan to the state-owned enterprise Portos e Caminhos de Ferro de Moçambique EP (CFM), the Mozambique rail and port authority, to…

Reload Logistics

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    • Reload Logistics, a leading provider of end-to-end supply chain solutions in Africa
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Source: Reload Logistics |

Reload Logistics Expands Portfolio with Sulphur Bulk Terminal Acquisition in Richards Bay

Reload Logistics has acquired a 50,000 sqm Sulphur Bulk Terminal in Richards Bay

Reload Logistics (ReloadLogistics.com), a leading provider of end-to-end supply chain solutions in Africa, has recently acquired a 50,000 sqm Sulphur Bulk Terminal in Richards Bay and now performs record-setting discharging at this strategic location. Reload’s latest acquisition has an indoor storage of 20,000 sqm, a loading area of 10,000 sqm,…