Monday, July 6, 2026

News

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...

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...

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...

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...

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,...

Africa’s largest methanol plant gets AFC support

Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest methanol plant, with the aim...

Uganda signs contract with Turkish firm Yapi Merkezi for new railway project

In a significant move to enhance regional trade, the Ugandan government has signed a contract with the Turkish construction...

Navigating Climate Action: Impacts of shipping carbon tax on African economies

As global attention intensifies on the shipping industry's role in addressing climate change, the International Maritime Organization (IMO) has...

DSV acquires Schenker in €14.3 Billion Deal

DSV says says it has signed an agreement to acquire Schenker from Deutsche Bahn in a transaction worth EUR...

naamsa releases august 2024 new vehicle sales statistics

Reflecting on the new vehicle sales statistics naamsa | The Automotive Business Council said that the positive July 2024...

South Africa seeks to bolster logistics investment amid challenges

South Africa remains confident that the implementation of the Freight Logistics Roadmap will enable investment in South Africa’s ports...

GCCA issues call to action on food supply chain resilience and boosting trade in...

African policy leaders must support robust growth in the cold chain for the success of the African Continental Free...

Kenya Airways posts first half-year profit after decade of losses

Kenya Airways PLC has announced a significant milestone in its journey towards profitability, marking the first time the airline...

Qatar Airways acquires 25% stake in South Africa’s Airlink

Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is...

Tanzania’s East Africa Commercial and Logistics Center opens in October

The East Africa Commercial and Logistics Center is located in UBUNGO District in Dar es Salaam will be opened...

Bankrupt Kenya’s Mobius Motors gets New lease of life

An unidentified buyer has come to the rescue of Mobius  Motors, a Kenyan car maker that was set for...

Ethiopian Airlines seeks to revolutionize air travel with $6 billion airport

Ethiopian Airlines has signed a technical advisory and consultancy contract with Dar Al-Handasah Consultants (Shair and Partners), a partner...

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