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Logistics

Maersk Loses Legal Challenge Over Durban Port Concession

AP Moller-Maersk A/S has suffered a legal setback in South Africa, as the KwaZulu-Natal High Court dismissed its challenge against the award of the Durban Container Terminal (DCT) Pier...
Money

Port of Gauteng: A $2.9 Billion Vision to Revolutionize South Africa’s Logistics Landscape

South Africa's logistics sector is on the cusp of a transformative shift with the launch of the Port...
News

$20 Million Boost: Inspired Evolution Supercharges East Africa’s Cold-Chain Revolution

East Africa’s food logistics landscape is set for a major transformation. Inspired Evolution, a leading private equity firm, has...
News

Africa’s Warehouses are Full: What’s Driving the Boom?

Africa's industrial landscape is experiencing a remarkable transformation. In the first half of 2025, modern warehouse occupancy across...
Money

Amazon Launches Louisiana’s First Same-Day Delivery Hub in Jefferson Parish

Amazon has officially opened the doors to its first-ever same-day delivery site in Louisiana, a move set to...

Former NSE boss Geoffrey Odundo Appointed as Nation Media Group CEO

Nation Media Group (NMG), East Africa's largest independent media house, has announced the appointment of Geoffrey Odundo as its...

Ghana’s Inflation Eases for Second Consecutive Month

The recent easing of inflation in Ghana marks a significant development in the country's economic landscape. After experiencing a...

South Africa Unveils Bold Logistics and Rail Investment Plan to Revive Economy

In a major push to overhaul South Africa’s struggling logistics and rail infrastructure, Transport Minister Barbara Creecy has unveiled...

Angola’s Public Debt in 2025: A Deep Dive into Loan Defaults and Financial Challenges

As of 2025, Angola's public debt has risen sharply to 57.4 trillion kwanzas (approximately 58.61 billion U.S. dollars), accounting...

SASSA Announces February 2025 Grant Payment Dates: What Beneficiaries Need to Know

The South African Social Security Agency (SASSA) has released the payment schedule for various social grants for February 2025,...

SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the South...

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest review,...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize and...

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic reforms....

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in the...

Kenya Shuts Down 116 Companies Amid Economic Struggles, Thousands of Jobs at Risk

In a drastic move that is set to affect thousands of workers across Kenya, the government has shut down...

Zambia’s Kwacha Faces Record Low Amid Ongoing Drought and Economic Struggles

Zambia’s currency, the kwacha, has continued its downward slide, reaching a historic low against the U.S. dollar, with the...
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