DP WORLD has signed a Memorandum of Understanding (MoU) with Ethiopia’s Ministry of Transport to develop the Ethiopian side of the road linking Ethiopia to Berbera into one of the major trade and logistics corridors of the country's international trade routes.
DP World and its partners are expected to invest up to US$1billion over the next ten years in developing the supply chain infrastructure along the...
ADNOC Distribution, the UAE’s largest fuel and convenience store retailer has entered a five-year partnership with Al Muqarram Auto Spare Parts Trading (A-MAP), a market leader specializing in the distribution of quality and reliable aftermarket automotive spare parts, to distribute ADNOC Voyager lubes and greases in the United Arab Emirates, outside of the ADNOC service station network as an Authorised Distributor. This new...
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The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business are proud to announce collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya. The first engagement will be a virtual trade mission to Kenya from Canada in May. The 3-year agreement MoU was signed today during the Second Session of the Binational Commission meeting between the Governments of...
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Demand for armored vehicles in Africa is growing at an exponential rate as increasing internal and cross-border conflicts across Africa accelerate and create a huge market for security armored vehicles of all kinds. According to a recent report, the global armored vehicles market is expected to grow to US$ 26.37 billion by 2027, growing at a CAGR of 5.7%. On the other hand, the Middle-East & Africa armored vehicles market is...
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Remittances from overseas workers helped the Kenyan economy tide over the devastating economic impact of Covid-19. Despite the negative impact on almost all major sectors, the Kenyan economy was able to tide over the financial impacts of the global pandemic due to regular inflow of foreign currency from overseas workers that form the diaspora. According to a recent report by Kenya’s Central Bank (CBK), diaspora remittances hit...
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DP World, a leading global provider of smart logistics solutions, has been selected as the preferred bidder to enter into discussions with the Government of Angola for a 20-year concession and operation of the Multipurpose Terminal (MPT) at the Port of Luanda.
Following an international tender process and subsequent announcement of DP World's selection by the evaluation committee set up by the Angolan...
Trade enabler DP World, a global provider of end-to-end logistics solutions, and the Government of Senegal, have signed agreements for the development of a deep water port at Ndayane, approximately 50kms from the existing port and near the Blaise Diagne international airport. The new port will further reinforce Dakar's role as a major logistics hub and gateway to West and North West Africa, and support the realisation of His...
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While Internet penetration in Africa is growing steadily, the gap between urban-connected people and the digitally disenfranchised rural population is a growing cause for concern. The issue dominated proceedings at the recent AfricaCom, the continent’s largest B2B high-tech expo, which was recently held in South Africa. Conference participants believed that mobile technology wasn’t necessarily the solution to the particular...
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Emerging as an area of opportunity for online retailing, Kenya has witnessed the rise of indigenous e-commerce platforms and the increasing footprints of international players, reflecting significant jump-start potential for businesses looking to tap into the country’s consumer market. We bring you an overview of the Kenyan consumer market in the context of online retailing as we look into examples of businesses which are successfully...
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Construction of the Port of Abidjan’s second container terminal, the Côte d’Ivoire Terminal (CIT), will boost the competitiveness of the Port of Abidjan by adding an additional annual capacity of 1.2 million TEU from its first phase of development. Located adjacent to the existing Abidjan Terminal, the new terminal With an area of 37.5 hectares, the CIT will also be able to offer greater capacity for handling goods at...
West Africa Read more...