Tag Archives: logistics
logistics: Latest News
Kurt Davis Jr., 10:13 am AFKI Original
The Anglos have an apparently insatiable investment appetite for the region. Gabon will no longer fly under the radar after Washington, D.C.-based Carlyle Group — the world’s largest private equity fund — purchased Royal Dutch Shell’s onshore assets in Gabon for $587 million. Petroleum services, infrastructure and timber are rising on the radar for crafty investors in Gabon. Financial services and ICT too. Gabon is a stable provider of services and networks to neighboring countries. Here are six other Francophone African countries investors are looking at.
Dana Sanchez, 1:01 am
Companies expanding in Africa are helping drive the need for more warehouse space. There is a dire shortage of warehouse facilities, says global real estate consultancy Knight Frank. Scarcity of quality warehouses in Nairobi presents opportunities for investors and developers, and the largest development bank in the world is taking notice. U.S.-based IFC and the U.K.’s CDC finance group are investing up to $35 million in Nairobi warehouse development. Logistics is an often overlooked part of economic development, the CDC said.
Dana Sanchez, 11:20 pm
Foreigners have been invited to invest in Ethiopia’s state-owned shipping and logistics company. Will telecommunications and banks be next? Ethiopia is one of the last African countries to have a state monopoly in telecoms. The U.S. hopes to bring its technology, know-how and managerial skills to Ethiopia. The American Chamber of Commerce of Ethiopia was launched in November. “The private sector needs a level playing field that allows fair competition with state-owned enterprises,” a U.S. stakeholder said.
Dana Sanchez, 3:21 pm AFKI Original
Online retail is still small by global standards in much of Africa, but it’s growing fast thanks to increased penetration of smartphones. E-commerce in Africa is expected to be worth $50 billion in 2018, up from US$8 billion in 2013. There’s rising demand for warehouse space by manufacturers seeking to expand in Africa. Knight Frank singled out landlocked Zambia as one of the most promising logistics locations in sub-Sahara, thanks to its geographical position at the intersection of Southern, Eastern and Central Africa.
Dana Sanchez, 4:41 pm AFKI Original
Founded by an entrepreneurial Angolan couple, AJS transported goods in and out of Luanda during the Angolan civil war when no one else would. The family-owned company didn’t just survive. It’s now Angola’s No. 1 logistics provider, and wants to tell its story to the world at a time when competition is mounting. Logistics and transport are often cited as some of the best investment opportunities in Africa. AJS CEO Luis Silva talked to AFKInsider about how the company is differentiating.
Dana Sanchez, 11:55 am
Absence of good roads makes transport and logistics expensive in Africa. Transport costs average 14% of the value of exports compared to 8.6% in all developing countries, and can be as high as 50% in landlocked countries. Africa probably isn’t the best destination for companies looking for fast returns in logistics and transportation, but for businesses with a long view, it holds huge potential, a stakeholder said. If Africans don’t identify these opportunities and take advantage of them, foreigners will.
Dana Sanchez, 4:08 pm
Boom towns come and boom towns go. Logistics company DHL can tell a lot about a country based on the volume of goods being shipped in and out to support technology, mining and agriculture. The company provides international express mail services as a division of the German logistics company Deutsche Post DHL, which claims to be the world’s largest logistics company. HowWeMadeItInAfrica asked DHL managers in certain African countries to identify which towns and cities they would consider boom towns based on shipping business volume. Here are some of their responses.
- Real Estate