Six banks in Africa are expected to provide US$1.5bn for the construction of Lekki Port, likely to commence in April 2015 in Nigeria
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
Avanti to deliver pan-African air navigation system
Avanti Communications has been appointed to deliver a satellite-based air navigation system for Africa
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
Congo-Brazzaville’s ECAir to launch new route to West Africa
Congo-Brazzaville’s national airline ECAir plans to launch a new route to Dakar, Senegal in a bid to expand its services in West Africa