Freight Trends Global - Page 44 of 100 -

Mozambique Relaunches Coastal Shipping to Ease Road Congestion and Boost Trade

April 17, 2025April 17, 2025 Constance Makungu

Mozambican President Daniel Chapo on Friday relaunched the country’s commercial coastal shipping services, announcing a package of fiscal incentives aimed at encouraging businesses to transport goods by sea instead of road. The relaunch was marked by the deployment of two large cargo vessels—the “Dugongo” and the “Civitas”—acquired by private operators. These vessels will support the regular movement of merchandise between Mozambique’s main ports. “Coastal shipping plays a fundamental role in

Read the full article

East Africa Ports & Terminals Shipping News

Kenya Courts Private Investors to Boost Mombasa and Lamu Port Expansion

April 17, 2025April 17, 2025 Constance Makungu

Kenya is turning to private investors to help develop and operate two critical seaports—Mombasa and Lamu—along the Indian Ocean, as it seeks to remain competitive amid growing regional port rivalry. According to the National Treasury, the government is seeking transaction advisers to help structure public-private partnership (PPP) deals for the two port projects. The move comes as the Kenya Ports Authority (KPA) faces financial constraints and lacks the capacity to

Read the full article

Ports & Terminals Southern Africa

Angola’s Caio Deepwater Terminal Nears Completion

April 14, 2025April 14, 2025 Constance Makungu

The first phase of construction at the Caio Deepwater Terminal in Cabinda, Angola, is nearing completion, with more than 60% of the physical work and 75% of the financial execution already achieved, according to José Kuvingua, Chairman of the Port of Cabinda. He shared the update on Friday following a working meeting led by the provincial governor, Suzana de Abreu, focused on the impact of the Free Trade Zone implementation.

Read the full article

Railway News Southern Africa

EU Highlights Lobito Corridor’s Role in Boosting Trade and Youth Opportunities in Southern Africa

April 14, 2025April 14, 2025 Constance Makungu

The Lobito Corridor can strengthen trade and investment opportunities for Angola, Zambia, and the Democratic Republic of Congo, said the European Union (EU) Ambassador to Angola, Rosário Bento Pais, on Thursday in Luanda. Speaking at the launch of four EU-funded youth entrepreneurship projects in Luanda, the ambassador emphasized that the corridor has the potential to drive economic diversification and create job opportunities for young people across Angola, Zambia, and the

Read the full article

Shipping News West Africa

Morocco Seeks Private Partner to Operate $300M Mega Shipyard

April 14, 2025April 14, 2025 Constance Makungu

Morocco is inviting private operators to manage Africa’s largest shipyard under a 30-year concession, aiming to replicate the success of its automotive industry, Bloomberg reports. The state-run National Ports Agency (ANP) has launched a tender, seeking experienced global players to develop, equip, and operate the 52-acre facility. According to ANP’s communications director, Abdellatif Lhouaoui, the project is designed to turn Morocco into a leading maritime hub in Africa. This move

Read the full article

Ports & Terminals Shipping News Southern Africa

AD Ports Group Awards Contracts for $250M Luanda Port Modernization

April 12, 2025April 12, 2025 Constance Makungu

AD Ports Group has awarded contracts to Mar Construction Civil & Obras Publicas and Dar Al-Handasah Consultants Shair & Partners for the modernization of the Noatum Ports Luanda Terminal in Angola. Mar Construction will be responsible for designing and building both the topside and marine infrastructure, while Dar Al-Handasah will manage the project and oversee construction supervision. Launched on January 30, 2025, the upgrade aims to transform the terminal into

Read the full article

Central Africa Railway News

DRC Prime Minister Calls for Acceleration of Lobito Corridor Development

April 8, 2025April 8, 2025 Constance Makungu

Speaking at the 38th Meeting of the Council of Ministers at the African Union City, Prime Minister Judith Suminwa Tuluka emphasized the urgent need to accelerate development projects along the Lobito Corridor. In her address, the Prime Minister highlighted the Italian government’s launch of a new partnership model with Africa, rooted in the Mattei Plan—an initiative focused on fostering equitable and mutually beneficial cooperation. The Mattei Plan prioritizes joint identification

Read the full article

Ports & Terminals Shipping News Southern Africa

Angola Launches Port Terminal Tenders to Boost Maritime Trade and Connectivity

April 5, 2025April 5, 2025 Constance Makungu

The Angolan government has opened tenders for the concession of maritime passenger and cargo terminals at the ports of Cabinda and Soyo, in a strategic move to enhance regional logistics and stimulate economic growth. The 20-year concession contracts will cover the management, operation, and maintenance of the two terminals, with the goal of strengthening coastal shipping (cabotage), improving transport efficiency, and creating employment opportunities. Positioned as vital gateways for maritime

Read the full article

Railway News Southern Africa

U.S. Reaffirms Commitment to Lobito Corridor Investments

April 2, 2025April 2, 2025 Constance Makungu

The United States has reaffirmed its commitment to continuing investments along the Lobito Corridor, confirmed the U.S. Chargé d’Affaires in Angola and São Tomé and Príncipe during his visit to Huambo on Tuesday. James Story, after meeting with Governor Pereira Alfredo, stated that his three-day visit to the Lobito Corridor projects is part of an initiative that includes 16 ambassadors from various countries. This visit aims to demonstrate the U.S.

Read the full article

Air Freight Southern Africa

Angola’s TAAG Plans to Resume Direct Luanda-Houston Flights

April 1, 2025April 1, 2025 Constance Makungu

Angola’s national airline, TAAG, is exploring a long-term plan to reinstate direct flights between Luanda and Houston, USA, a source told Energy Capital & Power. This initiative aligns with the airline’s global expansion strategy and aims to strengthen trade and commerce between Angola and the United States. TAAG has submitted an application to the U.S. Department of Transportation and is awaiting Federal Aviation Administration (FAA) Category 1 Certification before launching

Read the full article

Grid Posts News