DHL has planned investments to the tune of millions of dollars in various parts of Africa to tap the opportunities arising with increased FDI and macroeconomic growth in the continent
Logistics
DHL Express expects growth in 2015 due to eCommerce boom in sub-Saharan Africa
Logistics company DHL has projected an economic growth of 4.9 per cent in 2015 in sub-Saharan Africa (SSA), expecting the year to be one of growth for the company, driven by consumer demand and eCommerce
Transnet to expand locomotive fleet and port facilities in South Africa
South African rail and port operator Transnet has signed deals worth US$1.1bn to renew its locomotive fleet and has invested US$161mn to expand facilities at the port of Ngqura at the Eastern Cape Province
DHL Global Forwarding named Africa’s leading freight forwarder for the third time
Air and ocean freight company DHL Global Forwarding has been named Africa’s International Freight Forwarder of the Year for the third time at the STAT Times Awards held in Johannesburg, South Africa
19 companies submit bids to manage second terminal at Kenya’s Mombasa Port
Nineteen logistics companies have emerged bidders to manage the second container terminal at Kenya’s Mombasa Port, which has a capacity of 450,000 TEUs