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DSV acquires Schenker in €14.3 Billion Deal

DSV says says it has signed an agreement to acquire Schenker from Deutsche Bahn in a transaction worth EUR 14.3 billion at enterprise value (approximately DKK 107 billion). The reach...
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Transnet gets financial impetus to improve South Africa’s freight and rail sector

The New Development Bank (NDB) signed a  R5 billion loan agreement with Transnet, South Africa’s leading freight transport...
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naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July...
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South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s...
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GCCA issues call to action on food supply chain resilience and boosting trade in Africa

African policy leaders must support robust growth in the cold chain for the success of the African Continental...

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July 2024...

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s ports...

GCCA issues call to action on food supply chain resilience and boosting trade in...

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free...

Kenya Airways posts first half-year profit after decade of losses

Kenya Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline...

Qatar Airways acquires 25% stake in South Africa’s Airlink

Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is...

Tanzania’s East Africa Commercial and Logistics Center opens in October

The East Africa Commercial and Logistics Center is located in UBUNGO District in Dar es Salaam will be opened...

Bankrupt Kenya’s Mobius Motors gets New lease of life

An unidentified buyer has come to the rescue of Mobius  Motors, a Kenyan car maker that was set for...

Ethiopian Airlines seeks to revolutionize air travel with $6 billion airport

Ethiopian Airlines has signed a technical advisory and consultancy contract with Dar Al-Handasah Consultants (Shair and Partners), a partner...

boatica Cape Town showcases the thriving South African boatbuilding sector

Cape Town, South Africa, is reaping the rewards of its burgeoning blue economy, a sector that injects billions of...

AfDB boosts Transnet business recovery plan

The African Development Bank Group has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s...

Zero Carbon Logistics, SANY Global partner for South Africa’s first electric truck highway

Zero Carbon Logistics has signed a Memorandum of Understanding with Chinese multinational company SANY as their official technology providers...

MOL acquire 25% stake in Tanzania’s Alistair Group

TOKYO-Mitsui O.S.K. Lines, Ltd has announced that it has agreed to acquire a 25% stake in Tanzania-based Alistair Group...
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