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South African Ports Regulator and B-BBEE Commission Unite to Advance Sector Transformation

March 15, 2024March 15, 2024 Constance Makungu

The Ports Regulator of South Africa (PRSA) and the Broad-Based Black Economic Empowerment (B-BBEE) Commission have signed a Memorandum of Understanding (MoU) to address transformation in the ports sector. The MoU facilitates the exchange of information, strategies, expertise, and research related to B-BBEE and transformation, aiming to bolster economic empowerment within the sector. According to a joint statement, the partnership seeks to tackle the slow pace of transformation, citing statistics

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Shipping News Southern Africa

Revitalization Efforts Propel Port of Cape Town Towards Economic Growth

March 15, 2024March 15, 2024 Constance Makungu

The Port of Cape Town is experiencing a resurgence, propelled by enhanced management, collaborative efforts, and continuous upgrades. Efforts to prioritize equipment availability and streamline operational processes have significantly improved efficiency, while investments in staff capacity have boosted productivity. Industry stakeholders in the Cape region have applauded these advancements, acknowledging the progress made while recognizing the ongoing journey towards improvement. Terry Gale, chairman of Exporters Western Cape, highlighted the positive

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North America Shipping News

US Cargo Imports Surge Amid Supply Chain Adaptations

March 15, 2024March 15, 2024 Constance Makungu

The latest data from the Global Port Tracker report, released by the National Retail Federation and Hackett Associates, indicates an increase in import volumes at major container ports in the United States. This growth comes as the supply chain adapts to ongoing disruptions caused by Houthi rebel attacks on commercial vessels in the Red Sea. Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy, highlighted retailers’ efforts to

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Air Freight West Africa

Qatar Airways Expands Service to Nigeria with New Routes to Kano and Port Harcourt

March 15, 2024March 15, 2024 Constance Makungu

Qatar Airways is enhancing its presence in Nigeria with the introduction of four weekly flights to Kano (KAN) in Northern Nigeria starting on March 2nd, and three weekly flights to Port Harcourt (PHC) beginning March 3rd. Both routes will operate via the country’s capital, Abuja. As reported by m.gulf-times.com, the airline currently offers two daily flights to Lagos and four weekly flights to Abuja, which will be increased to a

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Shipping News West Africa

Senegal’s Ndayane Port Project Spurs Economic Growth

March 15, 2024March 15, 2024 Constance Makungu

Senegal anticipates robust GDP growth of 9.2% with the onset of oil and gas production in 2024, paving the way for an average annual growth rate of 5.8% from 2025 to 2028. To support this growth trajectory, the government is prioritizing sectors crucial for hydrocarbon development and economic transformation. Aligned with its Emerging Plan for 2035, Senegal is poised to evolve into an integrated and competitive logistics hub. Efforts to

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News Railway News Shipping News Southwestern Africa

Angola’s Lobito Corridor attracts financial aid to 370 companies

March 14, 2024March 14, 2024 Constance Makungu

Angola is poised to embark on a transformative journey with the launch of the “Diversifica Mais” project aimed at bolstering economic growth and job creation. Spearheaded by the Ministry of Planning, this initiative will provide financial aid and technical support to businesses operating along the Lobito Corridor, a vital economic artery in the country. The project director, Laércio Cândido, unveiled the ambitious plan, which will extend until 2029, focusing on

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Air Freight News

Global Interest Grows in Angola’s Airport Concession

March 14, 2024March 14, 2024 Constance Makungu

Several international companies have submitted proposals to the government for the concession of management rights for the “Dr. António Agostinho Neto” International Airport (AIAAN). In recent days, these companies have conducted prospecting visits to assess the infrastructure’s potential and business opportunities. According to the Ministry of Transport, four European and American companies with expertise in airport management have acquired the specifications for the concession tender. They have also conducted technical

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Railway News Southern Africa

Private Operators Poised to Transform Africa’s Freight Rail Market

March 14, 2024March 14, 2024 Constance Makungu

The CEO of Traxtion Africa, which operates the continent’s largest rolling-stock fleet, predicts a transformation in Africa’s biggest freight rail market with the imminent involvement of private operators. James Holley revealed that the South African government is on the verge of releasing a rail network statement, setting out rules for private rail participation, following public consultation. Speaking at an infrastructure conference in Johannesburg, Holley emphasized the significance of this step,

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East Africa Shipping News

Tanzania Seeks Egyptian Investment for Dar es Salaam Port Expansion

March 14, 2024March 14, 2024 Constance Makungu

The Tanzanian government is actively engaging Egyptian investors to undertake the construction of three additional berths at the Dar es Salaam port, aiming to enhance efficiency at the country’s primary maritime hub. The Tanzania Ports Authority (TPA) plans to construct berths 12, 13, 14, and 15 to accommodate the increasing cargo volumes at the port, driven by strategic projects and improved economic activities in neighboring countries. TPA Director General, Mr.

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Air Freight Central Africa

DRC grants traffic rights to Qatar Airways

March 14, 2024March 14, 2024 Constance Makungu

The Qatari airline, Qatar Airways, has obtained traffic rights in Congolese airspace and could begin serving the DRC during the year 2024, the Congolese authorities announced on Tuesday March 5. The convention was signed in Doha, Qatar, during the visit of the President of the Republic Félix Tshisekedi to the Emir Tamim bin Hamad Al-Thani. “As for the agreement that we signed to grant traffic rights to Qatar Airways, we

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