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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,...

Chinese oil firm Sinopec eyes South Africa amid domestic glut

Chinese oil firm Sinopec said Monday that is shipped its first 30,000 tonnes of diesel from its Shanghai refinery...

Kenya to host sustainable blue economy conference

Date:November 26-28, 2018 Venue:in ­­Nairobi Theme:Sustainable Blue Economy and the 2030 agenda for Sustainable Development From November 26-28, 2018 Kenyan capital...

German firm Hapag-Lloyd enters Kenyan shipping industry

German firm Hapag-Lloyd, the world’s fifth largest container shipping company, has made its way into the Kenyan shipping industry....

Kenya National Shipping Line receives breath of life

The Kenya National Shipping Line which formed in 1987 but stagnated after years of mismanagement has received a new...

KPA seeks to boost cargo handling capacity at Mombasa port

Kenya Ports Authority has hatched a plan to significantly increase Mombasa Port cargo handling capacity, managing director Daniel Manduku...

Djibouti makes huge strides on Logistics Performance Index

Djibouti has moved up 44 places within two years in the logistics performance Index in 2018 making it one...

Swiss logistics service provider Fracht Group enters Rwanda

Swiss freight forwarder Fracht Group has opened an office in Rwanda that will also act as its African headquarters. The logistics...

DP World plans huge logistics hub in Mali

Global port operator DP World has signed a 20-year concession with Mali to build and operate a 1000-hectare modern logistics hub...

Bollore Logistics inks deal with Mobius Motors Kenya

Bollore Logistics Kenya has signed a contract to provide logistics services to Mobius Motors, an automotive start-up created in...

Air Tanzania begins new east Africa flights in August

Air Tanzania plans to start direct fights to Entebe in Uganda and Bujumbura in Burundi from Dar es Salaam...

CMA CGM boosts Middle East-East Africa service offering

French shipping line CMA CGM has announced that  it will upgrade its service offering connection for India and Middle...

Pan African logistics firm signs training deal with Kenyan University

A Pan African logistics firm House of Procurement (HOP) has signed an agreement with Kabarak University a move that...
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