This week, Google announced a new investment, the third from the company’s $50 million Africa Investment Fund to Kenyan-based e-logistics company Lori Systems.
“At Google, we understand the transformative power digitisation can bring to the African continent. There is so much potential in the region, but it’s
This month saw the launch of Jumia Food Mart in Nigeria, signaling the pan-African eCommerce giant’s first move into the quick-commerce space.
Jumia customers in Lagos will now be able to order up to 4,000 popular consumer goods on the platform, which aims to process deliveries in 20
The Lagos State government has flagged off the construction of what will be the largest Food Security Systems and Central Logistics Park in sub-Saharan Africa.
Governor Babajide Sanwo-Olu, on Wednesday, performed the sod turning at the site of the facility being built on 1.2 million square
German drone delivery pioneer Wingcopter and Continental Drones Ltd., a subsidiary of Ghana- and Dubai-based Atlantic Trust Holding, have signed a partnership agreement to help establish drone-based delivery networks with thousands of Wingcopter drones across the African continent.
These networks will dramatically improve the reliability and efficiency of
Financial institution Standard Bank has attributed the success of its recent direct minority equity investment into technology-enabled logistics solution Tripplo to its ability as a large, established corporate to work effectively with small, agile start-ups.
The bank says this is the key to unlocking value chains, particularly among tech start-ups.
As it emerges from the pandemic, Africa’s airfreight and logistics market is in expansion mode, attracting significant investment, writes Roger Hailey.
There is investment in new and converted freighter aircraft, upscale cargo drones, consolidation in the cargo ground handling sector and the acquisition of a large
As the European Union considers a potential alliance with African energy markets to fuel its natural gas needs, the International Energy Agency’s Africa Energy Outlook sheds light on the connection between Africa’s transport infrastructure and its energy development. LUA looks at some of the intricacies that may shape a
Mastercard and Ecobank Group have partnered to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their produce at a fair price.
Under the partnership, Ecobank will extend the
According to Inospace CEO Rael Levitt, other countries are overtaking South Africa as the sub-Saharan market’s warehousing and logistics property powerhouse. Levitt recently attended the East Africa Property Investment Summit (EAPI) in Kenya which hosted over 300 real estate stakeholders from Africa and other parts of the world in
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and causing queues at filling stations.
The surge in prices comes in tandem with a spike in