This S&P Global Insights article highlights the intensifying global competition for control over the mineral-rich African Copperbelt, spanning Zambia and the Democratic Republic of Congo (DRC). On one side, the Lobito Corridor has received commitments of over $1 billion from private companies, supported in part by a consortium backed by the US and EU. This ambitious project aims to link the northern regions of Zambia and southern DRC directly to
Author: Constance Makungu
CFM Logistics Expands Operations in Mozambique’s Oil and Gas Sector
Less than a year since its inception, CFM Logistics has commenced port operations in the Port of Pemba, Cabo Delgado province, focusing on serving the oil and gas industry. The company, exclusively owned by Empresa Portos e Caminhos de Ferro de Moçambique (CFM), aims to expand its business ventures in the sector. Established as part of CFM’s strategy to participate in Mozambique’s burgeoning oil and gas industry, CFM Logistics seeks
Mozambique Implements Vehicle Inspection for Transport of Dangerous Cargo
The Mozambican Ministry of Industry and Trade (MIC), in collaboration with the National Institute for Standardization and Quality (INNOQ), has initiated vehicle and equipment inspections for the transportation of hazardous materials to ensure compliance with safety standards. In partnership with the National Road Transport Institute (INATRO), INNOQ has commenced seminars across the country to inform stakeholders about the inspection process and emphasize the importance of adhering to safety protocols in
Port of Antwerp Partners with Namibia for Green Hydrogen and Ammonia Facility
The Port of Antwerp, in collaboration with Namibia’s state logistics firm, is spearheading the development of a €250 million hydrogen and ammonia storage and export facility at Namibia’s Port of Walvis Bay. This initiative, driven by Namibia’s ambition to establish a green hydrogen industry, aims to leverage the nation’s abundant solar and wind energy resources to produce environmentally friendly fuels. Jacques Vandermeiren, Chief Executive Officer of the Port of Antwerp,
Huambo Province Anticipates Economic Boom with Caála Logistics Platform
Economists and agricultural business leaders in Huambo province of Angola are optimistic about the forthcoming completion of the Logistics Platform in Caála municipality, foreseeing significant economic gains and job opportunities. Alfredo Bacia, an economist, underscored the pivotal role of infrastructure development programs like logistics platforms in fostering agricultural production, aligning with the government’s vision to boost the sector. These platforms are poised to support initiatives such as Planagrão and Planapecuária,
TAAG Angola Airlines and RTX Pratt & Whitney Canada Ink Six-Year Engine Maintenance Deal
TAAG (Linhas Aéreas de Angola) and RTX Pratt & Whitney Canada have finalized a six-year engine maintenance agreement, as announced in a press release by the national airline. The comprehensive contract covers maintenance for 13 PW150A engines along with a spare engine held in inventory. It includes a Fleet Management Program (FMP™), tailored by Pratt & Whitney to address TAAG’s specific operational requirements. Nelson de Oliveira, President of TAAG’s Executive
THE LOBITO CORRIDOR, A ROUTE TO AFRICAN DEVELOPMENT?
In this article, Veronica Bolton Smith makes the case that the participating countries in the Lobito Corridor need to do more to become part of the $60 billion Electric Vehicle (EV) battery supply chain. The stakes are high for Africa as the EV battery market is anticipated to more than double in size to $141.6 billion by 2032, according to Apollo Research. A primary goal of the Lobito Corridor initiative
Rail-port movement in Mozambique grew 8% last year
The Mozambican rail-port system transported around 26.6 million net tons in 2023 throughout the country, an increase of around 8% compared to the previous period. On the lines operated by the public company Portos e Caminhos de Ferro de Moçambique (CFM), cargo transportation also grew, reaching around 12.4 million net tons. Although the increase is more modest, only 1% compared to 2023, it reflects the continued activity and importance of
South Africa Launches National Logistics Crisis Committee to Bolster Freight and Port Efficiency
The South African government is responding to transportation challenges through strategic planning and the development of resilient systems, evident in the establishment of the National Logistics Crisis Committee to enhance operational efficiency in the freight and port logistics network. Additionally, President Cyril Ramaphosa’s announcement of a task team to address longstanding challenges at the Port of Durban underscores the country’s commitment to tackling logistical issues. Despite the decline in global
Morocco Aims to Become an Aviation Manufacturing Hub
Moroccan authorities are strategically positioning the country to emerge as a pivotal aviation hub, drawing the attention of investors keen on diversifying their supply chains across various nations. While Africa’s aviation sector has shown promise, it has yet to fully unleash its potential compared to other continents. One crucial strategy to unlock this potential is for Africa to establish itself as a significant player in aviation manufacturing. According to reports