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The new funding from AGL will help enhance the competitiveness of the port platform. (Image source: AGL)

Africa Global Logistics has signed a concession contract for the multipurpose terminal at the port of Lobito, Angola, and has confirmed it will invest nearly EU€100mn (approx. US$110mn) to help turn the port into a modern, efficient and competitive port platform

100 electric buses will be delivered in the country through the funding. (Image source: BasiGo)

British International Investment (BII), the UK’s development finance institution and impact investor, has announced US$5mn in debt funding for BasiGo Ltd., a leading electric bus solution provider, to scale local assembly of buses

The Bobcat range for logistics and material handling now consists of various product lines. (Image source: Bobcat)

Bobcat, an established brand boasting an extensive range of compact machines, has brought Doosan Industrial Vehicle (DIV), a sister company, into the family to expand its forklift trucks and warehouse equipment offering

South Africa is a key transit country for the region. (Image source: Adobe Stock)

IRU, the world road transport organisation, has extended its memorandum of understanding (MoU) with the Cross-Border Road Transport Agency (C-BRTA) of South Africa, an organisation dedicated to improving the cross-border flow of commuters and freight operators, to help link southern Africa to international markets

BluePeak's investment promotes the UN's SDG 5 on gender equality, goal 8 on decent work and economic growth, and goal 13 on climate action. (Image source: Adobe stock)

Alternative asset management firm, BluePeak Private Capital, has announced its intention to provide a US$20mn hybrid loan to Prime Logistics, a leading integrated East and Central African logistics group

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