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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,...

Kenyan tea producer KTDA turns to Japanese green tea production

Kenya Tea Development Agency (KTDA) is planning produce Japanese green tea  to raise farmer's income and also diversify. KTDA Management...

The time to prepare for Covid-19 vaccine transport is now-IATA

The International Air Transport Association (IATA) urged governments to begin careful planning with industry stakeholders to ensure full preparedness...

Continental Re announces 100% ownership of Botswana subsidiary

Continental Reinsurance Plc is pleased to announce a change in the ownership structure of Continental Reinsurance Ltd (Botswana). After its...

Industry raises concerns on shrinking market due to unpredictable tax measures

Manufacturers have raised concerns on shrinking market share due to, among others, unpredictable tax measures making industry uncompetitive, and...

KAM, UNIDO launch Competitive Industrial Performance (CIP) Index

Kenya has ranked position 115 out of 152 in the Competitive Industrial Performance (CIP) Index Report, 2020. Competitive Industrial...

Equity’s James Mwangi scoops Oslo Business for Peace award

Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was today...

Africa CDC goes digital to boost emergency responses

The Africa Centres for Disease Control and Prevention (Africa CDC), in partnership with the International Health Regulations (IHR) Strengthening...

Maersk expands warehousing & distribution in Ivory Coast

Maersk’s new storage, deconsolidation, and distribution multipurpose facility in Abidjan is strategically located outside the city, around the industrial...

Malaysian car maker Proton makes foray into Kenya

Malaysian car maker Proton has shipped its first batch of cars to Kenya  a move that Deputy CEO  Dato’ Radzaif Mohamed...

Zambia’s copper exports to China affected by regional COVID-19 lockdowns

Zambia’s copper exports to China have been affected by COVID-19 lockdowns imposed by some countries in the southern African...

Gulu logistics hub in Uganda begins construction

Construction of Gulu logistics hub in Uganda is underway Gulu district secretary for works Patrick Kinyera has confirmed.  The US$...

Kenyan firm mulls construction of largest cold chain facility in East Africa

Kenyan firm says it is investing USD 70 million to construct the largest cold chain facility in East Africa to bolster...
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