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Traxtion Secures $86 Million Equity Investment to Accelerate Rail Expansion in Southern Africa

Rail-focused logistics operator Traxtion has secured an $86 million equity investment in a major capital raise that brings together leading institutional investors, signaling renewed confidence in Southern Africa’s rail...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...
Logistics

Storms Ground Dallas Airports: Over 400 Flights Canceled as FAA Issues Ground Stops at DFW and Love Field

Severe thunderstorms tore through North Texas on Tuesday, May 19, triggering Federal Aviation Administration ground stops at both...
Money

FlySafair’s R12 Birthday Sale: What It Reveals About South Africa’s Aviation Cost Crisis in 2026

South Africa's most popular low-cost airline is back with its annual birthday giveaway — but the small print...
Money

Coinbase Cuts 700 Jobs as AI Reshapes the Tech Workforce — What Africa’s Logistics Sector Should Watch

The global technology sector is undergoing a reckoning, and the latest signal came loud and clear on Tuesday,...

AGL CEO Eric Melet to deliver keynote address at Invest in African Energy Paris...

Africa Global Logistics (formerly Bolloré) CEO Eric Melet, will deliver a keynote address at the next leg of the...

IATA’s ground handling conference to focus on embracing technology

The International Air Transport Association (IATA) announced that the 35th IATA Ground Handling Conference (IGHC) will focus on fostering technology to...

CMA CGM enters into exclusive negotiations to acquire Bolloré

The CMA CGM Group announced today that it has entered into exclusive negotiations to acquire the transportation and logistics...

Aero Africa launches sea-air freight service from Asia to Africa via Dubai

Aero Africa group expands its operations in China and the U.A.E by launching a new sea-air combined transport product...

Colombia digital nomad visa is simply fabulous

Remote working is increasingly becoming popular especially after the Covid 19 pandemic. A number of countries have introduced digital...

Afreximbank’s Fund for Export Development in Africa (FEDA) agreement

The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for...

IATA’s “Focus Africa” to strengthen aviation’s contribution to African development

The International Air Transport Association (IATA) is launching “Focus Africa” to strengthen aviation’s contribution to Africa’s economic and social...

Namibia Residence by Investment Program now open

The Namibian government is actively seeking foreign investment to boost the country’s economic growth and diversify the economy. The...

IBM Report: Ransomware persisted despite improved detection in 2022

IBM Security recently released its annual X-Force Threat Intelligence Index finding that although ransomware's share of incidents declined only slightly...

LOGIMAT 2023 IN STUTTGART: Powered industrial trucks

The world’s leading manufacturers in the powered industrial truck industry are bringing lots of innovations to LogiMAT 2023. Exhibitors...

SITA, Lufthansa partner to automate bag reflight operations

SITA and Lufthansa have joined forces to explore ways to reduce mishandled baggage costs and improve the passenger experience...

Logistics expects downturn, but sees itself prepared for it

For the Trend Index for transport logistic, being held in Munich from May 9 to 12, 2023, more than...
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