Sub-Saharan Africa’s debt must be addressed – IMF
Public debt in the sub-Saharan region has risen to levels not seen in decades, and now stands at a staggering 60% of gross domestic product (GDP) for the region after being at 30% a decade ago, according to an International Monetary Fund Africa department analysis. Repaying this debt has also become much costlier. The region’s […]
Interview with Dror Levy, VP of customer success at WaveBL
Dror Levy, VP of customer success at WaveBL, spoke to Container News about the digitalization process of the shipping industry. He explained the difficulties that companies may face during the digital transition, pointed out the role of WaveBL in this process and shared the company’s vision for the next years. How do you see the […]
Walmart GoLocal teams up with air cargo platform for faster transit times
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Walmart GoLocal, the retailer’s delivery-as-a-service platform, has teamed up with air cargo technology and logistics solutions company SmartKargo to expand its delivery capabilities for retailers and e-commerce companies, according to a Sept. 13 release. Cloud-based platform SmartKargo […]
Kenya goes nuclear | Freight News
Kenya is to begin construction of its first nuclear power plant in 2027 as the country moves to diversify its energy generation to meet the growing call for zero-carbon energy in a growing economy. The acting chief executive officer of Kenya’s Nuclear Power and Energy Agency (NuPEA), Justus Wabuyabo, says the agency has advanced plans […]
Kinimatic strengthens US network – Container News
Kinimatic, an agile US warehousing and fulfillment service platform, announces the acquisition of approximately 150,000 square meters of premium warehouse space in 14 locations between Laredo and Pharr on the southern Texas border. This increase is being driven by the expanding trend of nearshoring between the United States and Mexico, which is increasing demand for […]
Macy’s supplier diversity program seeks applications for 2024 class
Dive Brief: Macy’s said Thursday that it’s currently accepting applications for the 2024 class of The Workshop at Macy’s, the company’s vendor diversity accelerator program. The four-week course, centered on education and mentoring by Macy’s executives and industry partners, is intended to position underrepresented retail businesses for growth. The Workshop at Macy’s is open to […]
Growing Africa-Asia trade beckons, and for good reason
A rising level of engagement is highlighting the growing relations between Africa and the Association of Southeast Asian Nations (Asean). Key events, such as Indonesian President Joko Widodo’s extensive African tour earlier this year and the recent Singapore-Africa Business Forum, underscore the increasing importance of these regions’ economic ties. This renewed collaboration is driven by […]
Gulftainer strengthens ties with freight forwarders in South China
Gulftainer held a significant meeting with key traders and freight forwarders in Shenzhen, China reinforcing its desire to strengthen trade and logistics ties with South China’s dynamic freight forwarding community. The Shenzhen International Freight Forwarders Association and the Qingdao Logistics Network attended the meeting, which introduced them to Gulftainer’s value proposition in its flagship trade […]
Amazon expanding program in which items ship without added packaging
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: An Amazon program in which items ship without any added packaging will be available in 2024 for all third-party sellers using the company’s fulfillment services, officials announced at Amazon’s annual seller conference earlier this month. […]
South Africa urges US government to extend Agoa
The South African government is lobbying both the Republicans and Democrats for an extension to the African Growth and Opportunity Act (Agoa) although the US Congress has not yet set a date for its renewal. Trade and Industry Minister Ebrahim Patel told joint parliamentary committees on Tuesday that the government wants the preferential trade agreement […]
