AD Ports Group Launches $250M Investment to Modernize Luanda Terminal and Logistics Hub

AD Ports Group (ADX: ADPORTS), a global leader in trade, logistics, and industry, has officially commenced the long-term management and development of a major multipurpose terminal and logistics business in Luanda, Angola. In partnership with Angolan firms Unicargas and Multiparques, the initiative aims to modernize port operations and strengthen regional trade networks. The Noatum Ports Luanda Terminal, Angola’s largest port, handles 76% of the country’s container and general cargo, serving

Read the full article

TAAG Angola Airlines Receives First Boeing 787-9 Dreamliner, Advancing Fleet Modernization

TAAG Angola Airlines has welcomed its first Boeing 787-9 Dreamliner, marking a key milestone in its ongoing fleet renewal strategy. Leased from AerCap, this aircraft is the first of four Dreamliners ordered by TAAG, reinforcing the airline’s commitment to expanding its long-haul operations and enhancing passenger experience. The new Dreamliner arrived in Luanda just ahead of Angola’s Liberation Day on February 4, featuring TAAG’s updated livery and symbolizing nearly 50

Read the full article

Eiffage Secures €100 Million Contract to Expand DRC’s Port of Matadi

French civil engineering firm Eiffage has been awarded a contract to renovate and expand the container terminal at the Democratic Republic of the Congo’s (DRC) Port of Matadi. The contract, valued at over €100 million, was secured through Eiffage’s subsidiary, Eiffage Génie Civil Marine. Located 150km upstream from the mouth of the Congo River, the Port of Matadi is the DRC’s primary port, handling 90% of the country’s container imports,

Read the full article

CMA CGM to Prioritize Alternative Routes via Cape of Good Hope Amid Regional Tensions

CMA CGM has confirmed that it will continue to use alternative routes through the Cape of Good Hope for its Asia-Europe trade services to ensure the safety of seafarers and vessels. This decision follows recent developments in the Red Sea and Gulf of Aden, where Houthi rebels announced a ceasefire agreement on January 19, 2025, temporarily halting attacks on commercial vessels, except those that are Israeli-owned or -flagged. In a

Read the full article

Oshoek Border Post Reopens to Freight Traffic Following Collision

South Africa’s main logistics border with Eswatini has officially reopened to road freight, despite conflicting reports circulating on social media. Cross-border trade facilitator Louise Wiggett confirmed that a limited number of trucks were allowed through the Oshoek Border Post on Monday night, January 27. By Tuesday, the South African Revenue Service (SARS) verified that operations had been fully restored following a severe collision on Sunday morning. The accident occurred when

Read the full article

South Africa Strengthens Marine Protection with New Pollution Law

President Cyril Ramaphosa has signed the Marine Pollution (Prevention of Pollution from Ships) Amendment Bill into law, introducing stricter measures to safeguard South Africa’s oceans from ship-related pollution. In a statement on Tuesday, the Presidency emphasized the legislation’s role in both national and global efforts to protect the marine environment while ensuring the sustainable use of ocean resources. With South Africa’s coastline spanning over 3,000 kilometers—from Namibia’s Atlantic shores to

Read the full article

Port of Maputo Begins $164 Million Expansion to Boost Capacity and Trade

Construction has commenced on the $164 million expansion of the Port of Maputo’s container terminal, a project set to double its annual capacity from 255,000 TEUs to 530,000 TEUs. DP World and the Maputo Port Development Company (MPDC) announced the launch of Phase 1 of the two-year project in a joint statement on Monday. The expansion, undertaken by Shafa Construções, EA, Limitada, will significantly enhance the port’s efficiency and competitiveness

Read the full article

ANC Pushes for Debt-Relief Package to Revive Transnet

South Africa’s ruling party, the African National Congress (ANC), plans to request the National Treasury to implement a one-off debt-relief package for state-owned rail and ports operator Transnet ahead of the February budget announcement. According to Zuko Godlimpi, Deputy Head of the ANC’s Economic Transformation Committee, Transnet requires support akin to the R254-billion debt-relief package granted to Eskom Holdings in 2023. Godlimpi emphasized that Transnet’s efficient operation is critical to

Read the full article

Zambia Pushes for Private Sector Role in Transforming the Lobito Corridor

The Zambian government has called for greater private sector participation in the Lobito Corridor to drive sustainable economic growth across the region. At the official opening of the Lobito Corridor Secretariat on Wednesday, Zambia’s Minister of Transport and Logistics, Frank Tayali, underscored the transformative potential of the corridor, which connects Zambia, Angola, and the Democratic Republic of Congo (DRC). The Secretariat, based on Lobito Island in Angola, will oversee the

Read the full article

Eiffage Wins €100 Million Contract for Matadi Port Container Terminal Expansion

The French construction company Eiffage has secured a €100 million contract for the renovation and expansion of the Container Terminal at the Port of Matadi in Kongo Central, located in the southwestern region of the Democratic Republic of Congo (DRC). The announcement was made through a press release from the company on Monday, January 20, 2025. “Eiffage, through its marine civil engineering subsidiary, has been awarded the contract for the

Read the full article