cc.web.local

twitter Facebook Linkedin acp Contact Us

Bolt Business thriving in Nigeria’s corporate sector (Image source: Bolt)

Bolt Business, the corporate mobility solution from Bolt, has reported double-digit growth in Nigeria over the past year

The company said in a statement that it underscores increasing demand from firms seeking smarter, more efficient ways to manage employee transportation and business travel.

Over the past 12 months, growth was driven by expanding adoption across multiple industries, a rise in demand from small and medium-sized enterprises (SMEs), and an increasing number of organisations seeking alternatives to managing in-house transport fleets.

“Businesses today are looking beyond transportation, they’re looking for smarter ways to optimise operations and manage costs,” said Isaac Iroko, country manager, Bolt for Business Nigeria.

“We've seen organisations across different sectors embrace Bolt Business because it gives them a simple, reliable and transparent way to manage employee travel, whether it's daily commutes, client meetings or business trips. This growth demonstrates that corporate mobility is becoming an increasingly important part of business efficiency in Nigeria.”

Bolt Business serves organisations across a range of industries, including financial services, technology, healthcare, professional services, manufacturing, logistics, media, real estate and fast-growing consumer businesses.

Its client portfolio includes the likes of First Bank, Access Bank, PricewaterhouseCoopers, Boston Consulting Group, Interswitch, Glovo and Pfizer Specialties.

Others clients include Chowdeck, Premium Times Centre for Investigative Journalism, News Central, IWOSAN Lagoon Hospitals, Avon Healthcare, UAC Foods, MRS, China Harbour Engineering Company Nigeria, CAPPA & D'Alberto and ValueJet.

In its statement, Bolt Business said its recent growth reflects a broader shift in how Nigerian businesses approach corporate mobility.

Rather than maintaining expensive vehicle fleets or relying on fragmented transport arrangements, more organisations are adopting digital mobility platforms that offer greater transparency, control and operational efficiency.

Unlike traditional fleet management, Bolt Business enables companies to centralise transportation through a single platform, providing features such as centralised billing, trip reporting, spending controls and real-time visibility into employee travel.

These capabilities help businesses improve oversight while reducing the administrative burden associated with corporate transportation.

The company intends to strengthen relationships with existing customers by introducing solutions tailored to industries with frequent employee mobility needs, including healthcare, financial services, legal services and logistics.

“Nigeria's business landscape is evolving rapidly, and organisations are under increasing pressure to operate more efficiently,” Isaac added.

“We see a significant opportunity to help businesses replace inefficient transport processes with smarter mobility solutions that improve visibility, simplify expense management and support business growth. Our focus remains on building products that create value for organisations of every size while delivering a seamless experience for their employees.”

Read more:

AfDB backs Morocco's first integrated LFP battery gigafactory

Volvo Electric trucks surpass 250,000 km in South Africa

TAILG to develop Kenya e-mobility centre of excellence

Gabon's railway is a lifeline for the economy (Image source: Eramet)

The Société d'Exploitation du Transgabonais (SETRAG) — the concessionaire of Gabon's national railway network — has signed a €312mn financing agreement with the International Finance Corporation (IFC) and Proparco

The funds will be deployed for the continued modernisation of the Trans-Gabon Railway, a strategic asset for the West African country’s economic and social development.

SETRAG's shareholders include Eramet Comilog (51%), Meridiam 40%, and the Gabonese State 9%.

The latest financing complements public funding provided by the French Development Agency (AFD) and the European Union to Gabon to finance its share of the broader Gabon Railway Modernisation and Safety Programme (PMS).

Christian Magni, CEO of SETRAG, said the successful completion of the financing marks a “decisive milestone” for both the concessionaire and Gabon.

“It reflects the confidence our financing partners have in our business model and operational trajectory,” said Magni.

“With this support, together with the ongoing operational backing of our shareholders, we now have the means to accelerate the safety upgrades and full modernisation of the Trans-Gabon Railway, strengthening its position as a benchmark logistics corridor in Central Africa and as a driver of sustainable development for local communities and the national economy.”

SETRAG is responsible for railway superstructure equipment, including rails, sleepers, ballast, signaling systems.

As the delegated project owner, it carries out maintenance and renewal works on behalf of, and in the name of, the granting authority, the Gabonese state.

The state itself is responsible for maintaining public infrastructure assets, including bridges, hydraulic infrastructure and passenger transport equipment.

The Proparco–IFC–SETRAG financing agreement forms part of Phase III of the Trans-Gabon Railway PMS, which includes €225mn in new financing and the refinancing of €87mn from the previous phases.

The programme will continue the renewal of the 648-kilometre railway line linking Owendo, on the Atlantic coast, to Franceville in eastern Gabon.

It also includes the modernisation of the railway’s infrastructure and systems to enhance safety and capacity, while supporting the diversification of rail services beyond the mining sector, particularly for passenger and general freight transport.

Since the launch of the programme, 457 kilometres of track have been renewed with concrete sleepers, and 186 kilometres have already been fitted with new 60kg rails.

In regions where alternative transport options are often limited or unavailable, the Trans-Gabon Railway is a vital economic lifeline, contributing approximately 20% of Gabon’s GDP.

It provides an essential public transport service for communities in remote and landlocked areas and also plays a critical role in transporting manganese, a mineral for which Gabon is one of the world's leading producers.

Manganese is a critical raw material that is essential to the energy transition and global industrial value chains.

“Reliable transport infrastructure is essential to private sector development, regional competitiveness and job creation,” said Ethiopis Tafara, IFC’s regional vice-president for Africa.

“Through this partnership…IFC is supporting the modernisation of a strategic railway infrastructure that will strengthen supply chains, improve connectivity for communities and businesses, and support Gabon's long-term economic diversification.”

Read more:

DP World advances Port of Ndayane construction

Gabon launches Kobe-Kobe port construction project

Congo port boosts capacity with Konecranes fleet 

DP World completes major dredging works 13 months early, advancing Senegal's Port of Ndayane towards its planned 2028 completion

DP World has completed the major dredging works for the Port of Ndayane in Senegal 13 months ahead of schedule, marking a significant milestone in one of West Africa's largest port infrastructure projects

The achievement enables the next phase of marine and civil construction to begin earlier than planned, supporting the port's targeted completion in 2028.

The US$1.2 billion development is expected to become Senegal's principal deep-water container gateway, increasing capacity for international trade while strengthening the country's position as a strategic logistics hub for West Africa. As regional economies continue investing in modern transport infrastructure to accommodate larger vessels and growing cargo volumes, projects such as Ndayane are becoming increasingly important for improving supply chain resilience and supporting long-term economic growth.

Complex dredging completed under challenging conditions

The completed programme involved dredging a five-kilometre navigation channel, a turning basin and an 875-metre berth pocket designed to accommodate some of the world's largest container vessels, including two Triple E-class ships simultaneously. Two of the world's largest cutter suction dredgers were deployed for the operation, reflecting both the scale and technical complexity of the works.

Engineering teams encountered particularly demanding geological conditions throughout the project. More than 95% of the dredged material consisted of solid rock, including formations exceeding 100 megapascals in compressive strength—significantly harder than material typically encountered during major port developments. Despite these conditions, the dredging was completed without blasting by using advanced cutter suction dredging techniques, reducing environmental impacts while maintaining safe construction practices.

Originally scheduled for completion in September 2027, the dredging programme concluded well ahead of schedule following early mobilisation in December 2024. The accelerated timeline allows quay construction and other critical marine works to commence sooner, helping maintain project momentum. More than 1,000 people are currently employed directly on the development, with 1,043 personnel working on site as construction progresses.

Mohammed Akoojee, CEO and managing director for Africa at DP World, said, "Completing major dredging works 13 months ahead of schedule is a significant milestone for the Port of Ndayane and a testament to the expertise, commitment and collaboration of everyone involved in delivering this project safely. This achievement allows us to accelerate the next phase of construction toward the port's completion in 2028, while reinforcing our long-term commitment to Senegal and our confidence in Africa’s future as a growing force in global supply chains. As Senegal's largest single private investment, this US$1.2bn project will create lasting economic value by strengthening trade, supporting jobs, improving connectivity and unlocking future growth opportunities across the region."

Expanding Senegal's maritime capacity

The Port of Ndayane is being developed approximately 50 km from Dakar to address the growing capacity constraints at the existing Port of Dakar, which has operated close to its physical limits in recent years. The new facility is designed to accommodate larger vessels while improving cargo handling efficiency and supporting future trade growth across the region.

Since assuming operations at the Port of Dakar in 2008, DP World has invested approximately US$340mn to modernise the terminal and expand its operational capacity. During that period, container throughput increased from 265,000 twenty-foot equivalent units (TEUs) in 2008 to 850,000 TEUs in 2025, while vessel waiting times were reduced from around 35 hours to near zero.

These improvements have contributed to the Port of Dakar becoming the highest-ranked port in Sub-Saharan Africa for efficiency in the World Bank's Container Port Performance Index, highlighting the growing importance of modern port infrastructure in facilitating regional and international trade.

Clarence Rodrigues, CEO of DP World Dakar, expressed, "This achievement represents a pivotal moment in delivering transformational infrastructure for Senegal. The Port of Ndayane will enhance national competitiveness, unlock opportunities for local businesses, and drive sustainable job creation and skills development, supporting 2.3 million jobs through trade and improving access to critical goods and staples for 7.8 million people. We are proud to partner with the Government of Senegal and local stakeholders to establish a gateway for West Africa that positions Senegal as a premier logistics and trade hub, while delivering meaningful economic benefits to communities nationwide."

Strategic investment for regional trade

Modern deep-water ports are playing an increasingly important role across Africa as countries seek to improve logistics efficiency, strengthen export competitiveness and attract international investment. By accommodating larger container vessels and enhancing inland connectivity, these facilities help reduce supply chain bottlenecks while supporting regional integration under initiatives such as the African Continental Free Trade Area (AfCFTA).

Construction at Ndayane has now progressed to the next phase of marine and civil engineering works as DP World continues development towards the planned 2028 completion.

Juan Carlos Sahdala, group chief planning & project officer, stated, "Capital dredging is one of the most technically demanding phases of any port development. Completing these works ahead of schedule reflects meticulous planning, outstanding execution and strong collaboration, enabling us to accelerate the marine and civil works that will bring the Port of Ndayane into operation in 2028."

With major dredging now complete, the project moves into a critical construction phase that will shape Senegal's next-generation maritime gateway. Once operational, the Port of Ndayane is expected to expand the country's container handling capacity, strengthen regional logistics networks and support long-term trade growth across West Africa.

Continue reading:

Africa's ports: anchoring a resilient future

DP World launches Egypt's first integrated logistics centre

 
 
 

Egypt partners with DP World to boost exports

Egypt is strengthening its export ambitions through a new partnership with DP World that aims to improve logistics efficiency, lower trade costs and open new international markets for Egyptian products, with Africa identified as a key growth destination

The initiative was announced during a meeting between Minister of Investment and Foreign Trade Mohamed Farid and a DP World delegation led by Mohammad Shehab, CEO for Egypt and the Levant. Representatives from the General Authority for Investment, the Export Development Authority, the Export Development Fund, the Commercial Representation Authority and export councils also participated in the discussions.

The agreement supports Egypt's wider strategy of enhancing its foreign trade ecosystem by connecting exporters with global logistics networks that can simplify market access and improve supply chain efficiency.

Rather than focusing solely on transport, modern logistics providers increasingly offer integrated supply chain solutions covering warehousing, customs facilitation, multimodal transport and distribution. For exporters, these services can reduce lead times, improve delivery reliability and help products compete more effectively in international markets, particularly where logistics costs represent a significant share of the final product price.

As part of the collaboration, the ministry and DP World will work with export councils to develop logistics solutions tailored to individual industries while identifying new trade routes that can support the movement of Egyptian goods into overseas markets.

Africa represents one of Egypt's fastest-growing export opportunities, driven by stronger regional economic integration, infrastructure investment and expanding consumer markets. DP World's extensive port and logistics network across the continent is expected to provide Egyptian businesses with improved access to these markets while strengthening regional supply chain connectivity.

Farid said the partnership forms part of efforts to improve Egypt's foreign trade system, reduce logistics costs and increase the competitiveness of Egyptian products in international markets.

Shehab highlighted the opportunities created by DP World's international logistics network, saying it offers significant potential to expand Egyptian exports, particularly across Africa.

He also noted that Egypt remains a strategic market for the company, adding that the continued development of Ain Sokhna Port and its logistics zone will reinforce the country's position as a regional trade and supply chain hub. Located on the Red Sea near the entrance to the Suez Canal, Ain Sokhna is increasingly becoming a strategic gateway linking trade flows between Africa, Asia, Europe and the Middle East.

The two sides also agreed to hold technical meetings with export councils to identify practical measures that will simplify export procedures, reduce market access costs and support Egypt's export growth targets.

By combining government trade initiatives with private-sector logistics expertise, the partnership is expected to strengthen Egypt's export infrastructure while creating new opportunities for manufacturers seeking to expand their presence across Africa and other international markets.

Navigating in a new era for Africa's ports (Image source: Adobe Stock)

Africa’s ports are facing increasing pressure as infrastructure is required to support larger vessels and growing demand

At the same time, these assets must perform within dynamic coastal environments, increasingly influenced by climate change. The future of the continent’s maritime infrastructure will depend on how well engineering, environmental understanding, and system-level thinking come together.

For Yasmin Kistner, principal associate: maritime, discipline lead: ports, WSP in Africa, the challenge begins with the physical reality of ports.

“Future-ready infrastructure means providing deeper, more robust facilities to accommodate increasing vessel sizes and cargo demand, while also responding to changing climate systems,” she explains.

Yet in South Africa, this is not a blank-slate exercise. Much of the country’s port infrastructure already exists, and that changes the nature of the problem.

“The challenge is working with what is currently there and improving it to make it future-proof, while continuing operations at the same time,” Kistner says. “You cannot simply deepen a channel or expand a basin without considering how that affects the stability of the existing infrastructure. Every intervention has knock-on effects.”

Balancing act

This tension between immediate functionality and long-term resilience plays out in every upgrade, where engineering decisions must balance operational continuity with structural integrity and future capacity.

Ports, however, do not operate in isolation. Their performance depends not only on the infrastructure itself, but on how efficiently cargo moves through the broader logistics system and how the port functions within its coastal environment over time.

“Seaports are critical for connecting South Africa to global trade, but inland dry ports are becoming an increasingly important part of how goods move inland,” says Kistner. “They allow cargo to be stored and distributed away from congested port environments, improving efficiency and reducing pressure on coastal infrastructure.”

As these systems become more interconnected, design must respond not only to operational demands and the capacity of hinterland networks to handle logistics flows, but also to how infrastructure performs within its coastal context over the long-term.

A coastal understanding

For Samantha Fourie, coastal modeller: maritime, WSP in Africa, numerical modelling of coastal processes provides the foundation for understanding how these environments behave before infrastructure is introduced or altered.

“Every project starts with a question, but before you can answer it, you need to understand the current environment,” she explains. “We build what we call a baseline. That means collecting data, measurements, and observations so we can quantify what is happening now before predicting what will change.”

This baseline is fundamental. It is what gives clients, regulators, and stakeholders confidence that decisions are grounded in reality.

“Data is everything,” Fourie says. “Without it, you cannot validate your model or your conclusions. Whether you are looking at coastal erosion, wave behaviour, or water quality, you need to understand the processes at play before you can assess the impact of any intervention.”

A deeper understanding

In practice, this means building detailed environmental models that simulate how coastlines, currents, and infrastructure interact under different scenarios, including long-term change.

“The outputs feed directly into decision-making,” Fourie says. “It comes down to risk, safety, environmental impact, and regulatory requirements. The work does not sit in isolation. It influences whether something gets built, how it gets built, and what safeguards need to be in place.”

The intersection between these two perspectives is where the future of port development is being shaped.

Port and coastal engineering has always considered and will always consider the dynamic coastal environment. The aspect requiring increased consideration is having a thorough understanding of potential long-term changes in the coastal and logistics environment.

Environmental considerations

From a design perspective, Kistner points to incremental yet meaningful shifts already underway.

“We are investigating the use of more environmentally friendly materials, such as alternative concretes in breakwater structures, and designing for future energy systems like shore power,” Kistner says. “This allows vessels to draw electricity while docked, reducing emissions and improving air quality in port cities.”

But sustainability is not limited to materials or energy systems. It is embedded in how infrastructure responds to long-term environmental change.

“Climate change is going to impact coastlines regardless of how we build,” says Fourie. “The role of modelling and engineering is to help infrastructure adapt to those changes, not just respond after the fact.”

Integrated thinking

Looking ahead, Kistner and Fourie both see a shift toward more integrated, system-level planning.

“There is a growing awareness that numerical modelling of coastal processes and engineering need to work more closely together,” Fourie adds. “You need predictive tools to design infrastructure that can adapt over time.”

This integrated approach is already shaping long-term planning at a national and regional level. “Across Africa, many established ports are already undergoing phased expansions and upgrades to accommodate increasing demand and evolving vessel requirements,” says Kistner.

These projects are not only about adding capacity at the coastline. They are increasingly part of wider efforts to improve the movement of cargo across the full logistics network. This includes investment in rail and road corridors, as well as the development of inland terminals and dry ports that can support more efficient distribution.

By moving some activity away from constrained coastal environments, these interventions can help relieve pressure on ports while improving the reliability of trade flows between coastal gateways and inland markets.

Together, these developments point to a broader reality: ports are no longer standalone assets. They are critical nodes in a connected system of trade, infrastructure, and environmental dynamics.

Africa’s maritime future will depend on how well that system is understood, planned, and managed. “We are not just building for today,” Kistner says. “We are building infrastructure that must remain functional and resilient decades into the future.”

For Fourie, that future carries a more personal dimension. “It becomes quite personal when you think about it,” she says. “You want to protect coastlines, support sustainable development, and ensure that future generations can experience these environments in the same way we have.”

There is no single solution. The path forward lies in combining sound engineering with a clear understanding of environmental processes, while supporting efficient and sustainable port operations. “In a system with a limited tolerance for error, that level of integration is essential,” concludes Kistner.

Read more:

DP World launches Egypt's first integrated logistics centre

Suez Canal welcomes advanced LNG container ship

Gabon launches Kobe Kobe port construction project

More Articles …