Cian: Etienne Giros takes the helm 
The members of the board of directors of Cian (French Council of Investors in Africa) have appointed Etienne Giros as president. Giros has been deputy chairman of the organisation since 2014, and also chairman of Ebcam (European Business Council for Africa) since June 2018.... more
From South Africa to the Middle East
ACC Aviation, the global aviation services group, has successfully transacted a Boeing B737-300 (ZS-TGB) to a Middle East-based investor. ACC Aviation’s asset management division was able to source the off-market 1998-built B737-300 Classic (MSN29327) from Star Air Cargo, an... more
Did piracy take a break?
There is a moderate reduction in piracy activities worldwide, as the International Maritime Bureau (IMB) reports in its latest study. The IMB is a department of the Paris-based International Chamber of Commerce. The reported incidents declined by 2.6% from 38 to 37 in... more
New leadership for Global Maritime Forum
The Global Maritime Forum elected Jan Dieleman as its new chairman at its annual general meeting which was this month (April 2022). Dieleman succeeds Peter Stokes, who is stepping down after five years at the helm, having been chairman of the forum since its establishment in... more
Kuehne stays on the rise
Kuehne + Nagel improved its net turnover by 68% to CHF 10.2 billion in Q1/2022, generating a net profit of CHF 832 million. In ocean freight, originally Kuehne's core segment, container volumes reached 1 million teu in this period and the division's net turnover amounted to CHF... more
Intermodal solution for Zimbabwe created
CMA CGM is introducing a new dedicated service offering with an eco-friendly intermodal solution to serve the dynamic Harare province in Zimbabwe as an addition to the two existing services via Beira (Mozambique) and via Durban (South Africa). As of May 2022, the new... more
Bolloré opens warehouse in Abidjan
Bolloré Transport & Logistics Cote d’Ivoire is inaugurating a modern 9,000 sqm logistics base in the airport area of Abidjan, Ivory Coast to foster the import and export of goods by air. The new infrastructure will have required 18 months of work and an investment of CFA... more
World trade in peril, says WTO
In mid- April, the WTO published its analysis on the implications of the war in Ukraine for global trade and development. The WTO secretariat's note, ‘The Crisis in Ukraine: Implications of the war for global trade and development’, anticipates that the crisis could lower global... more
Samia Suluhu Hassan wins the trophy
Tanzanian president Samia Suluhu Hassan has been named the winner of the Africa Road Builders–Babacar Ndiaye Trophy for 2022. The prize is awarded to decision makers and other prominent figures in Africa who have demonstrated their commitment to the development of transport... more
Latin America and Africa need new approach
A new study, conducted by Economist Impact, shows that business is feeling the effects of inflation, geopolitical tension, port congestion and transportation costs in various and regionally specific ways, with companies in South America and Africa facing a more negative outlook.... more