Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a transformative event aimed at reshaping Africa’s economic future. Scheduled for March 12 in Cape Town, South Africa, the conference will bring together top trade, finance, and policy leaders under the theme: “Empowering Africa Through Trade, Innovation, and Sustainable Growth.” With Africa’s…
According to Afreximbank, Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organisations to mobilise trade opportunities and investment capital, focusing on creative industries,…
According to Emirates Sky Cargo, Throughout 2024, the demand for its specialist product portfolio, extensive global network and all-widebody fleet continued to grow exponentially, with no signs of slowing down. To meet the burgeoning global demand, the airline has wet-leased two additional Boeing 747 freighters, starting 2025 with a 15% increase in critical main deck…
The supply chain industry body, SAPICS, has officially announced the appointment of Thato Moloi as its new president. With nearly three years of service on the SAPICS board of directors, Moloi brings a wealth of experience and a deep understanding of the organization’s mission and goals to his new leadership role. Moloi succeeds MJ Schoemaker,…
The supply chain event will take place in Cape Town, South Africa, from 8 to 11 June 2025. Organiser and leading industry body SAPICS has announced that this year’s conference features an exciting addition that makes it a must-attend event for all supply chain practitioners at all levels and for anyone working with the supply…
The 250-acre dry port and logistics zone will enhance supply chain efficiency. Egypt’s Port Authority has signed a significant agreement with Swiss company Medlog for the financing, design, construction, operation, and maintenance of the 10th of Ramadan City Dry Port and Logistics Zone. According to Daily News Egypt, the project will span two zones: 130…
The acquisition enhances DHL’s capacity to address rising e-commerce demands and streamline return processes for retailers. DHL Supply Chain has announced its acquisition of Inmar Supply Chain Solutions, a leading reverse logistics provider for the e-commerce and retail industries. This strategic move positions DHL as the largest returns processor in North America, addressing the increasing…
The State of Libya has officially acceded to African Export-Import Bank (Afreximbank) Establishment Agreement, becoming the 53rd nation to become a member / participating state and marking an important step towards full continental coverage and advancement of the continental integration agenda through trade and investments. The accession document, signed by His Excellency Dr. Khaled Al-Mabrouk Abdullah,…
The loan aims to enhance the efficiency of the Cameroon-Chad Transport Links. The African Development Bank Group’s Board of Directors has approved two loans for Cameroon totalling $342.92 million. These funds are designated to significantly improve transport infrastructure along the Douala-N’Djamena trade route, fostering enhanced connectivity with neighbouring Chad. This development is expected to deliver…
The international dairy company, owned by over 8,400 European farmers, continues to make strides in the MENA region. Arla Foods has submitted a non-binding offer to acquire a majority stake in the Arabian Food Industries Company (Domty), a prominent player in Egypt’s food sector. Domty, a publicly listed company, employs approximately 4,000 people and operates…
International Federation of Robotics Releases World Robotics 2024 Report. The report recorded 4,281,585 units operating in factories worldwide – an increase of 10%. Annual installations exceeded half a million units for the third consecutive year. By region, 70% of all newly deployed robots in 2023 were installed in Asia, 17% in Europe and 10% in…
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