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,
Category: Southern Africa
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
Lobito Corridor guarantees credit for 30% of women’s initiatives
The Angolan Government is currently developing an initiative that aims to boost the granting of credit to national Micro, Small and Medium Enterprises, with the prospect of 30 percent benefiting projects carried out by women. The data was presented, Friday, in the city of Lobito, province of Benguela, by the Secretary of State for Public Investment. Iva Marques dos Santos went to the city of Lobito, in the province of
The Lobito Corridor Sparks Agricultural and Industrial Development
The dynamism of the Lobito Corridor is fueling increased production of agricultural goods by the business class and family producers across six provinces in Angola. Lucas Ábias, acting president of the Chamber of Business Development in Benguela province, made this acknowledgment during the opening of the International Forum for Investment in the Central and Southern region of Angola. Ábias highlighted the positive impact of the corridor’s development on entrepreneurship, particularly
Daimler Truck Southern Africa’s Wellness Programme Transforms Truck Drivers’ Lives
Daimler Truck Southern Africa (DTSA), in collaboration with Trucking Wellness, has significantly improved the well-being of numerous truck drivers by granting them access to a variety of health and wellness services. These services encompass primary healthcare provisions offered through stationary roadside wellness centers, comprehensive mobile wellness centers, and the Fleet Owner Workplace Wellness Programme tailored for DTSA key account customers. On April 19, Pool Transport became the tenth key account
Lobito Corridor Master Plan brings together Government and partners on Thursday
Members of the Government, businesspeople, international partners and experts will work together on the basis for preparing the Master Plan for the Lobito Corridor, also known as the Benguela Railway, during a “workshop” to be held on Thursday. fair. According to information that JA Online had access to today, the mapping of infrastructure gaps, the design and importance of public-private partnerships along the Lobito Corridor are some topics that will
TAAG aims to reach up to 40 aircraft next year
TAAG, Linhas Aéreas de Angola, which currently has 21 aircraft, intends to double its fleet and reach 40 aircraft by next year, as part of the reinforcement of its fleet. According to the president of the TAAG Executive Committee, Nelson Oliveira, who spoke last Thursday, in Luanda, on the sidelines of a meeting of tourism sector operators, the national flag company also works to increase routes in Africa and Asia.