World Bank Commits USD 600 Million to Boost Economic Diversification and Urban Development Along Lobito Corridor Luanda — The World Bank will mobilize USD 600 million to support economic diversification, urban development, and housing initiatives along the Lobito Corridor, the institution’s representative, Roland Yameogo, announced on Tuesday in Luanda. Speaking on the second day of the 7th African Union–European Union Summit, Yameogo explained that the funding will be split evenly:
Author: Constance Makungu
Transport Operators Call for Stronger Infrastructure Investment to Accelerate Africa’s Economic Growth
African Transport Leaders Urge Major Infrastructure Investment to Boost Continental Trade. Luanda — Transport and logistics operators have called on African governments to significantly increase investments in air, road, and rail infrastructure, emphasizing that such improvements are essential to accelerating the continent’s economic development. The appeal was made on Monday in Luanda during the Business Forum held as part of the 7th African Union–European Union Summit. Luis Silva, CEO of
Western Cape Drives Logistics Innovation to Boost Jobs and Economic Growth
Western Cape Government Strengthens Logistics Sector to Create Jobs and Enhance Trade The Western Cape Government has reaffirmed its commitment to building a globally competitive logistics ecosystem to drive economic growth and job creation in the province. Speaking at a recent South African Association of Freight Forwarders (Saaff) meeting, Agriculture, Economic Development and Tourism MEC Ivan Meyer emphasized the critical role of logistics in the economy. “Logistics is the lifeblood
EU Grants €50 Million to Modernize Zambia’s Railway Network
EU Invests €50 Million to Upgrade Zambia Railways, Boost Trade and Economic Growth Zambia’s plans to modernize its aging railway network have received a major boost after the European Union approved a €50 million grant for Zambia Railways Limited (ZRL). The funding will support the rehabilitation of key track sections and the upgrading of signalling and telecommunications systems, marking one of the largest direct investments in Zambia’s rail infrastructure in
MSC Enhances Iroko Service with New Direct Call at Cape Town
MSC Adds Direct Cape Town–Asia Link to Iroko Service, Cutting Transit Times for Reefer and Dry Cargo Mediterranean Shipping Company (MSC) has announced an upgrade to its Iroko service, introducing a new direct call in Cape Town as part of efforts to expand port coverage and strengthen trade links between South Africa and key Asian markets. “This strategic enhancement provides a direct connection between Cape Town and Asia, offering faster
South Africa’s Transport Sector Shows Early Signs of Recovery Amid Mixed Performance
Ctrack Index: South Africa’s Logistics Sector Rebounds in 2025 Despite Uneven Recovery South Africa’s logistics sector is beginning to recover after reaching a two-year low in January, according to the latest Ctrack Transport Freight Index (Ctrack TFI). The index climbed to 118.5 in September, representing a 3.5% improvement since January and a 0.7% increase year-on-year. However, Ctrack notes that the recovery remains inconsistent across transport modes. In the first nine
Dube Cargo Terminal Achieves Strong Growth in Airfreight Volumes
Dube Cargo Terminal Reports 7% Surge in Air Cargo Volumes for 2024–2025 Dube Cargo Terminal at King Shaka International Airport has recorded substantial growth in air cargo volumes over the past year. According to newly released data from the Dube TradePort Special Economic Zone, the terminal handled 15,429 tonnes of cargo between April 2024 and March 2025, reflecting a 7% increase compared to the 14,424 tonnes moved in 2024. This
Ethiopian Airlines Strengthens Central African Strategy Through Air Congo Partnership
Ethiopian Airlines Expands Influence in Central Africa with Air Congo Fleet Upgrade and New ATR 72-600s Ethiopian Airlines is accelerating its strategic expansion across Africa—this time by reinforcing its presence in Central Africa through Air Congo, the young Congolese carrier in which it holds a 49% stake. While Ethiopian continues to increase its investments and aircraft orders, it is steadily consolidating regional influence through this growing partnership. Before its major
China, Zambia, and Tanzania Seal $1.4 Billion Deal to Modernise TAZARA Railway
China Signs $1.4B Agreement to Upgrade TAZARA Railway, Boosting Zambia–Tanzania Trade Route China has signed a $1.4-billion agreement with Zambia and Tanzania to modernise the TAZARA railway, a strategic transport corridor linking landlocked Zambia to the Indian Ocean. Originally financed and built by China in the 1970s, the TAZARA railway has long served as a vital route for copper exports and fuel imports through Tanzania. The upgrade is widely viewed
Emirates SkyCargo and LODD Autonomous Partner to Pioneer Drone-Powered Cargo Solutions
Emirates SkyCargo Teams Up with LODD Autonomous to Launch Next-Generation Drone Cargo by 2027 Emirates SkyCargo and Abu Dhabi-based LODD Autonomous have signed a Memorandum of Understanding (MoU) at the 2025 Dubai Airshow, marking a significant step toward developing next-generation drone-powered cargo solutions. The agreement, signed by Badr Abbas, Divisional Senior Vice President of Emirates SkyCargo, and Rashid Al Manai, Chief Executive Officer of LODD Autonomous, will see both companies