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Air Freight Southern Africa

TAAG Angola Airlines and RTX Pratt & Whitney Canada Ink Six-Year Engine Maintenance Deal

May 8, 2024May 8, 2024 Constance Makungu

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

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Central Africa Railway News Southern Africa

THE LOBITO CORRIDOR, A ROUTE TO AFRICAN DEVELOPMENT?

May 4, 2024May 4, 2024 Constance Makungu

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

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Central Africa Ports Railway News Southern Africa

Rail-port movement in Mozambique grew 8% last year

May 3, 2024May 3, 2024 Constance Makungu

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

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Ports Road Freight Southern Africa

South Africa Launches National Logistics Crisis Committee to Bolster Freight and Port Efficiency

May 3, 2024May 3, 2024 Constance Makungu

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

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Air Freight North Africa

Morocco Aims to Become an Aviation Manufacturing Hub

April 30, 2024April 30, 2024 Constance Makungu

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

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Railway News Southern Africa

Lobito Corridor guarantees credit for 30% of women’s initiatives

April 28, 2024April 28, 2024 Constance Makungu

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

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Ports Shipping News

Port Modernization in Guinea-Bissau To Boost Regional Trade

April 27, 2024April 27, 2024 Constance Makungu

Senegal’s ambitious construction of the Ndayane Port, set to become West Africa’s largest deep-sea port by 2027, is a testament to the region’s commitment to infrastructure development. With gas production from Grande Tortue Ahmeyim (GTA) in Senegal and Mauritania, and first oil from Sangomar in Senegal, the MSGBC nations are gearing up to accommodate increased exports. Guinea-Bissau, recognizing the need to modernize its ports, initiated a significant project to upgrade

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Railway News Shipping News Southern Africa

The Lobito Corridor Sparks Agricultural and Industrial Development

April 27, 2024April 27, 2024 Constance Makungu

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

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Europe Shipping News

Maersk enhances service between India and North Europe

April 25, 2024April 27, 2024 Constance Makungu

Maersk announced an upgrade to its ME2 ocean service to include port calls in North Europe, namely Rotterdam, Felixstowe and Bremerhaven. “This extension of the ME2 service to key destinations in North Europe will benefit North India’s exporters, particularly those in the lifestyle and retail sectors. With upgraded service, manufacturers and exporters will get expedited access to important consumer markets in North Europe. The transit times for ocean transports between

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Ports Shipping News

Los Angeles, Long Beach ports finish Q12024 with volume gains

April 25, 2024April 25, 2024 Constance Makungu

The Port of Los Angeles handled 743,417 container units in March, a 19 percent increase over the previous year. It was the eighth consecutive month of year-over-year growth at the port, says an official release. “For the first quarter ending March 31, local dockworkers moved 2,380,503 TEUs across Los Angeles marine terminals – nearly 30 percent more than 2023. It was among the port’s best first quarter starts, behind only

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