Agility Completes £763 Million Acquisition of Menzies Aviation

[divider style="solid" top="25" bottom="25"][dropcap]A[/dropcap]gility, a supply chain services, infrastructure and innovation company, announced that it has finalized its acquisition of…

RMB funds Greenfield Dry Bulk Port Concession in Côte d’Ivoire

[dropcap]R[/dropcap]and 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

[divider style="solid" top="25" bottom="25"][dropcap]T[/dropcap]i’s latest market forecasts show that the European road freight market will expand by 4.9% in real…

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,…

South African Airways and Kenya Airways Sign Codeshare agreement

[divider style="solid" top="25" bottom="25"][dropcap]K[/dropcap]enya Airways (KQ), Kenya’s national carrier, and South African Airways (SAA) have signed a codeshare agreement that…

Kale Logistics joins Port Management Association of Eastern & Southern Africa

[divider style="solid" top="25" bottom="25"][dropcap]K[/dropcap]ale Logistics Solutions (Kale) has joined as an associate member of the Port Management Association of Eastern…

Air travel recovery continues to gather momentum, says IATA

[divider style="solid" top="25" bottom="25"][dropcap]T[/dropcap]he International Air Transport Association (IATA) announced passenger data for May 2022 showing that the recovery in…

UNCTAD urges African countries to diversify exports amid economic shocks

[divider style="solid" top="25" bottom="25"][dropcap]A[/dropcap]frican countries must diversify their exports to survive economic shocks from global crises such as the COVID-19…

Dubuy.com expands Africa presence with launches in Ghana and Zambia

[divider style="solid" top="25" bottom="25"][dropcap]D[/dropcap]P World has announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in…

Soaring dollar risks widening US trade deficit

[divider style="solid" top="25" bottom="25"][dropcap]F[/dropcap]or the first time in over two decades the exchange rate between the US Dollar and the…