* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, June 2, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

    Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Investors bet big on Africa’s logistics potential

February 16, 2024
in Technology
Investors bet big on Africa’s logistics potential
Share on FacebookShare on Twitter

This article was contributed to TechCabal by Bonface Orucho, via bird story agency.

Africa’s logistics sector is growing into a lucrative market and strategic hub within the global logistics network, as investors’ confidence in the sector increases.

A new report by logistics company Agility confirms the global logistics industry is considering expansion plans or first-time investments in the continent’s logistics sector.

According to Agility Vice Chairman Tarek Sultan, “This is the most optimism we’ve seen about Africa in the 15 years of the Index.”

Notably, 47.4% of respondents are planning additional investments in Africa, while 14.2% of the logistics executives from different companies are planning first-time investments on the continent. Only 6.6% of the executives are planning to exit or scale back from certain African markets.

This report coincides with increased investment in Africa’s logistics sector, with railroads and ports undergoing renovations and tech-driven solutions targeting emerging opportunities like intra-African trade.

A major upgrade to the Lobito Corridor, a close to 100-year-old rail network linking the mineral-rich Democratic Republic of Congo (DRC), Angola, and Zambia) to the Atlantic Ocean, received a major boost recently at the Mining Indaba in Cape Town. The US and EU-backed corridor operators signed a deal with its first customers, who committed to using the railroad to transport minerals upon its launch in 2025.

Trafigura, a Singapore-based multinational commodity trader, along with the Kamoa-Kakula copper mine (a mine in the DRC jointly owned by Ivanhoe Mines and China’s Zijin Mining Group) will export up to 450,000 and 240,000 metric tons of copper, respectively, via the railroad.

According to Jeremy Weir, Executive Chairman and CEO of Trafigura, these commitments will grow to make the corridor one of the leading rail transport links in sub-Saharan Africa. 

Revitalisation of the TAZARA railway, another logistics route connecting mineral-rich Zambia with the Indian Ocean via Tanzania, is on the negotiation table, with China proposing to inject $1 billion in its rehabilitation, according to the International Railway Journal. 

Elsewhere, the port of Maputo in Mozambique is the latest of many African ports to attract deep-pocketed global investors keen to invest and expand their operational capacity and general efficiency.

According to a 2024 Bloomberg report, DP World, working with Grindrod Ltd., will pump $2 billion toward port expansion after winning a 25-year concession extension deal that will end in 2058.

As international investors increasingly eye investments in the continent’s logistics sector, homegrown companies from established operators like Grindrod to startups are scaling operations and leveraging technology to build logistics services across Africa. Many of these companies are responding to the recently signed African Continental Free Trade Area (AfCTFA) agreement, which will see the elimination of tariffs between member states.

Moroccan logistics tech startup Logidoo announced in mid-February it had raised funding to expand an end-to-end logistics offering to 5 new African markets. The startup already has active operations in 8 African countries.

There has been a steady rise in the number of similar tech-led logistics startups in Africa. Tracxn.com, a startup tracking platform, shows that there are an estimated 1,218 logistics tech startups operating in Africa today.

According to Africa: The Big Deal, startups in the logistics and transport sectors were among the top three most-funded sectors last year, raising some $210 million.

According to the UN Economic Commission for Africa, AfCFTA will boost intra-African trade by around 40%. The UN body called on African governments to “implement the Inter-Governmental Agreement on the Trans-African Highways; finance Road Safety; sign the Solemn Commitment to the Single African Air Transport Market (SAATM); fully implement the Yamoussoukro Decision on the liberalization of air transport; sign and ratify the Luxembourg Rail Protocol to attract private sector investment in rolling stock; support the civil aviation industry” to fully benefit from AfCTFA. 

Get the best African tech newsletters in your inbox

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechCabal – https://techcabal.com/2024/02/16/investors-bet-big-on-africas-logistics-potential/

Tags: Africa’sInvestorstechnology
Previous Post

Investors react positively after Jumia’s Q4 results

Next Post

Famous birthdays for Feb. 16: Ava Max, LeVar Burton

Conservation | Definition, Ecology, Examples, & Facts – Britannica

Unlocking the Secrets of Conservation: Understanding Ecology, Real-World Examples, and Fascinating Facts

June 2, 2025
Invisible radiation leaking from private satellite ‘megaconstellations’ could ruin radio astronomy forever, experts warn – Live Science

Invisible radiation leaking from private satellite ‘megaconstellations’ could ruin radio astronomy forever, experts warn – Live Science

June 2, 2025
Why a science-based climate policy helps business leaders – The World Economic Forum

Unlocking Success: How Science-Based Climate Policies Empower Business Leaders

June 2, 2025
Exercise boosts survival rates in colon cancer patients, study shows – The Lufkin Daily News

How Exercise Can Significantly Improve Survival Rates for Colon Cancer Patients

June 2, 2025
2025 Team USA U20 Wrestling World Team Set – FloWrestling

Meet the Future Stars: Team USA’s U20 Wrestling World Team for 2025 Unveiled!

June 2, 2025
Devin Harjes Dies: ‘Manifest’ & ‘Boardwalk Empire’ Actor Was 41 – WyomingNews.com

Tragic Loss: Devin Harjes, Star of ‘Manifest’ and ‘Boardwalk Empire,’ Passes Away at 41

June 2, 2025
The Trump administration’s report on kids’ health cites made-up scientific studies – NPR

The Trump administration’s report on kids’ health cites made-up scientific studies – NPR

June 2, 2025
Labour pushes ‘military Keynesianism’ to win support for defence spending – The Guardian

Labour pushes ‘military Keynesianism’ to win support for defence spending – The Guardian

June 2, 2025
ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

ROLAND’S NEW WIRELESS TRIGGER TECHNOLOGY, PORTER & DAVIES ON TOUR, NEW 64 AUDIO ASPIRE UNIVERSAL IEM MODELS, WAVES FREE PLUGIN PACK – Modern Drummer Magazine

June 2, 2025
Statewide Hawaii high school surfing closer with passage of funding bill – Spectrum News

Surf’s Up: Hawaii High School Surfing Program Secures Funding Boost!

June 1, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (658)
  • Economy (672)
  • Entertainment (21,579)
  • General (15,255)
  • Health (9,715)
  • Lifestyle (675)
  • News (22,149)
  • People (674)
  • Politics (681)
  • Science (15,893)
  • Sports (21,177)
  • Technology (15,660)
  • World (660)

Recent News

Conservation | Definition, Ecology, Examples, & Facts – Britannica

Unlocking the Secrets of Conservation: Understanding Ecology, Real-World Examples, and Fascinating Facts

June 2, 2025
Invisible radiation leaking from private satellite ‘megaconstellations’ could ruin radio astronomy forever, experts warn – Live Science

Invisible radiation leaking from private satellite ‘megaconstellations’ could ruin radio astronomy forever, experts warn – Live Science

June 2, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version