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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,...

Gas production boom in Sub-Saharan Africa weighs on volatile grounds-Report

Due to their vastly under-utilised gas resources, the countries of Sub-Sharan Africa represent huge opportunity for gas developments. New...

Shipping line Wallenius Wilhelmsen ramps up in Port of Gothenburg

Wallenius Wilhelmsen, one of the world’s largest ro-ro carriers, is investing heavily in the Port of Gothenburg, with increased...

World Logistics Passport announces inaugural Global Summit 2021

The World Logistics Passport (WLP), a global, private sector-led initiative designed to smooth the flow of global trade, is...

KLM expands intercontinental network with six new destinations

After the previously announced expansions in Europe for the summer of 2021, KLM will also add new destinations to...

South African ports rank poorly in World Bank report

At a position of 347 out of 351, the World Bank has placed the Port of Cape Town at...

Logistics firm FedEx opens state-of-the-art facility in Johannesburg

FedEx Express a subsidiary of Nasdaq-listed FedEx Corp has announced that its new state-of-the-art facility in Johannesburg is now ready open...

Kenya’s Lamu port opens for business

 The Lamu port project has officially been opened by president Uhuru Kenyatta with the target to link Kenya to...

Automotive industry urged to adopt AI to combat squeezed margins

Artificial intelligence (AI) will be a crucial tool in combating the squeezed margins and potential decline of volume in...

Some refineries in Africa remain offline

In South Africa, both the Engen and Cape Town refineries remain offline, whereas Zambia's Indeni is not expected to...

Tapping the future of shipping – Hapag-Lloyd published new sustainability report

Hapag-Lloyd published its Sustainability Report 2020recently and has once again made significant progress in environmental, social, qualitative and economic...

Egypt plans expansion of Suez Canal

The southern section of the Suez canal where  Ever Given wedged sideways, blocking a key waterway and causing billions...

MOL mulls e-commerce platform to deliver used agriculture machinery to Africa

Mitsui O.S.K. Lines, Ltd. announced the launch of a cross-border e-commerce website (Note 1), a business to export used...
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