$80 billion –
Nigeria has signed a $80 billion oil and gas infrastructure agreements with Chinese companies, according to the state oil company.
South Africa is ranked 20th on The World Bank’s 2016 Connecting to Compete report. The index scores and benchmark countries’ performance on logistics. South Africa came in just behind Australia and ahead of Italy. Germany is ranked first for the second consecutive year, with Syria in last place. Kenya(42th) is ranked second in Africa, followed by Egypt (49th) .
245 million –
The African Development Bank (ADB) approved a USD 245 million loan for infrastructure projects in Uganda and Rwanda. This includes a 24 km expressway Kampala (Busega) and Mpigi on the Northern Corridor, and 208 km road (Kagitumba-Kayonza-Rusumo) in Eastern Rwanda.
Only 19% of the top 250 retailers in the United States are currently profitable with their omnichannel services, according to a new study by JDA, an American software and consultancy company. Of the respondents, 31% now shop online at least once a week, and 49% notes that same-day shipping would make them shop more online, if it was offered.