Central Corridor – $600 million
The World Bank is set to provide $600 million to improve the infrastructure along the Central Corridor. The Central Corridor provides an alternative route to the sea for Burundi, Zambia and the Eastern Democratic Republic of Congo. According to the East African Community Secretariat, General Liberat Mfumukeko, the new infrastructure project will cut transporting cost from Dar es Salaam port by 40%.
Suez – DP World
Dubai based DP World plans to develop an industrial and residential zone in Egypt’s Sokhna (Suez) in partnership with the Suez Canal Economic Authority, the company said on Tuesday.
Ethiopia – Mekelle
Chinese Communications Construction Company (CCCC) completed the design for a new dry port in Mekelle with a capacity of 14,500 containers. The announcement was made by the Ethiopian Shipping & Logistics Service Enterprise (ESLSE).
Somaliland – DP World
DP World plans to develop a greenfield economic free zone in Somaliland to complement the development of the Port of Berbera, which has seen increased container volumes.
KFC – South Africa
KFC’s supply chain is under strain with the ongoing Avian flu strain. Some chicken products are running out of stock, as the Western Cape had to cull more than 2 million birds. The virus has since spread to other provinces in South Africa. More…
Pargo – South Africa
South African logistics startup Pargo, has been selected to join the eFounders Initiative Entrepreneurship Training Programme in the city of Hangzhou, China. The programme is organised jointly by the Alibaba Group and the United Nations Conference on Trade and Development (UNCTAD). More…