We use cookies to improve your experience. By your continued use of this site you accept such use.
Stellantis
Source: Stellantis |

With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion Adjusted operating income⁽¹⁾ (AOI⁽¹⁾) and 10% AOI Margin⁽²⁾ in the First Half of 2024

The Company plans no fewer than 20 new product launches in 2024, including 10 that have started production already in the first half of the year

Net revenues of €85.0 billion, down 14% compared to H1 2023, primarily due to the decline in volume and mix; Net profit of €5.6 billion, down 48% compared to H1 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs; Adjusted operating income(1) of €8.5…

RS South Africa

  • Multimedia content

  • Images (2)
    • Future proofing your MRO supply chain
    • Brian Andrew, MD, RS South Africa
  • All (2)
Source: RS South Africa |

How to Manage Resilient Maintenance, Repair, and Operations (MRO) Supply Chains

Maintaining a resilient supply chain for Maintenance, Repair, and Operations (MRO) is crucial for businesses across various sectors

In today’s fast-changing and unpredictable world, maintaining a resilient supply chain for Maintenance, Repair, and Operations (MRO) is crucial for businesses across various sectors. The goal is not just to withstand disruptions but to adapt and thrive amidst them. Here RS South Africa (https://apo-opa.co/4c1KTyg)  MD Brian Andrew shares his top 5…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (6)
    • As the sole operator of ports, railways and oil pipelines, Transnet holds a unique position in the freight logistics sector in South Africa and the Southern African Development Community (SADC) region
    • South Africa boasts the highest level of railway infrastructure in Africa, covering around 30,000 km. It ranks as the world’s 14th largest in length and is notably well-developed compared to other emerging markets
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (1)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (2)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (3)
    • South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan (4)
  • All (6)
Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

In addition to the corporate loan, the African Development Bank is contemplating two targeted grants, including $750,000 in technical support from the Sustainable Energy Fund for Africa

The African Development Bank Group (www.AfDB.org) has approved a ZAR 18.85 billion ($1 billion) corporate loan to Transnet, South Africa’s major freight transport and logistics company, for its recovery and growth plans. The 25-year loan approved by the Bank Group’s Board of Directors on Friday, 12 July 2024, is fully…

Afreximbank

  • Multimedia content

  • Images (1)
    • Prof. Benedict Oramah, President and Chairman of Board of Directors of Afreximbank stresses a point as International Trade Centre (ITC) Executive Director, Pamela Coke-Hamilton (right) listens. The two leaders spoke in Nassau, the Bahamas as part of the release of preliminary findings of the ITC-Afreximbank ‘Strengthening AfriCaribbean Trade and Investment’ project.
  • All (1)
Source: Afreximbank |

Annual Africa-Caribbean trade could reach $1.8 billion by 2028: International Trade Centre (ITC)-Afreximbank research

The objective of the project is to boost trade and investment in Africa and the Caribbean, and to enhance cooperation between the private sectors of the two regions

Trade between Africa and the Caribbean could rise to $1.8 billion per year by 2028 if value addition, trade facilitation and improved logistics are prioritized, according to new research by the International Trade Centre (ITC) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com).   Current bilateral trade in goods between the two…

Afreximbank

  • Multimedia content

  • Images (1)
    • Mr. Reginald Saunders, Acting Permanent Secretary, Ministry for Grand Bahama (seated, left) and Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development Bank, Afreximbank (seated, right) sign the agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. The ceremony was witnessed by The Hon. Philip Edward Davis, K.C., Prime Minister and Minister of Finance, the Commonwealth of The Bahamas (3rd left), Hon. Ginger Moxey, Minister for Grand Bahama (centre) and Prof. Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank (3rd right)
  • All (1)
Source: Afreximbank |

Afreximbank Invests in Project to Rejuvenate AfriCaribbean Trade and Cultural Ties

The project preparation facility of US$ 1.86 million will fund essential pre-development activities that will advance the project to bankability

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a Project Preparation Facility in favour of the of Government of the Commonwealth of The Bahamas to develop and implement an Afro-Caribbean Marketplace. Once implemented, the Afro-Caribbean Marketplace will comprise 90 outlets dedicated to the sale of authentically African and…

Center for Applied Research & Innovation in Supply Chain-Africa (CARISCA)
Source: Center for Applied Research & Innovation in Supply Chain-Africa (CARISCA) |

Business Leaders to Convene at Supply Chain Business Forum in Accra, Ghana, July 29-30 at Kempinski Hotel

The Business Forum will feature prominent African, European and U.S. entrepreneurs and business executives as keynote speakers, panelists and session leaders

Business leaders and supply chain experts will gather at the Kempinski Hotel Gold Coast City in Accra, Ghana, July 29-30 for the inaugural Supply Chain Business Forum and Exhibition (https://apo-opa.co/3RGjSJc). Organized by the Center for Applied Research and Innovation in Supply Chain - Africa (CARISCA) (CARISCABusinessForum.com), the event aims to enhance…

United Nations Support Office in Somalia (UNSOS)
Source: United Nations Support Office in Somalia (UNSOS) |

United Nations Support Office in Somalia (UNSOS) Provides Crucial Logistical Support for Jowhar Town Forward Operating Bases (FOBs) Handover

This support builds upon UNSOS’s logistical assistance in facilitating the recent handover of the Bariire FOB in Lower Shabelle region

The United Nations Support Office in Somalia (UNSOS) has provided essential logistical support for the handover of Jowhar Town Forward Operating Bases (FOBs) - Horseed, Parliament and State House - from the African Union Transition Mission in Somalia (ATMIS) to the Somali National Army (SNA). This handover is part of…

Reload Logistics

  • Multimedia content

  • Images (1)
    • Reload Logistics Unveils New Brand Identity and Major Expansions
  • All (1)
Source: Reload Logistics |

Reload Logistics Unveils New Brand Identity and Major Expansions

The new brand embodies Reload’s commitment to constant innovation, ensuring clients receive the most efficient and forward-thinking solutions for their cargo

Reload Logistics (www.ReloadLogistics.com/), a leading provider of end-to-end supply chain solutions, proudly unveils its new brand identity to better align with its innovative, modern approach to logistics. Founded in 2007, Reload has been strategically amassing assets across major routes and ports in Sub-Saharan Africa to provide clients with the most flexible and…

RS South Africa

  • Multimedia content

  • Images (3)
    • Sharps Electrical facilities
    • Sharps Electrical
    • Prosper Shoniwa, Exports Business Development and Operational Manager
  • All (3)
Source: RS South Africa |

RS partners with Sharps Electrical to drive innovation and sustainable growth in Botswana

The partnership will focus on selling and supporting the comprehensive product range that RS currently offers

RS South Africa (www.Africa.RSdelivers.com), a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions, has formed a strategic partnership with Sharps Electrical (http://apo-opa.co/3VtNc8b), a leading electrical wholesaler and contractor in Botswana. This collaboration marks a significant stride towards fostering innovation and sustainable growth in…

Energy Capital & Power

  • Multimedia content

  • Images (1)
    • Commodity Trader Trafigura Joins Angola Oil & Gas (AOG) 2024 as Gold Sponsor
  • All (1)
Source: Energy Capital & Power |

Commodity Trader Trafigura Joins Angola Oil & Gas (AOG) 2024 as Gold Sponsor

Trafigura’s participation in the AOG 2024 conference underscores its commitment to enhance supply chains in Africa

Multinational commodity trader Trafigura will participate at the Angola Oil & Gas (AOG) 2024 conference – scheduled for October 2-3 in Luanda – as a gold sponsor. The sponsorship during this year’s event demonstrates the company’s commitment to deploying infrastructure, market expertise and a regional logistics network to support production…