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Africa Finance Corporation invests in Uganda’s petroleum logistics

Africa Finance Corporation (AFC) today announced its investment in Mahathi Infra Uganda, one of East Africa’s largest oil and gas…

Aug 14, 2023

Africa Finance Corporation invests in Uganda’s petroleum logistics

Aug 14, 2023

Egypt’s president reviews investment plan for transport projects

Egypt’s president Abdel Fattah El-Sisi met with prime minister Moustafa Madbouly, minister of planning and economic development Hala…

Aug 14, 2023

Egypt’s president reviews investment plan for transport projects

Aug 14, 2023

Record high deliveries boost container fleet capacity by 4.3%: BIMCO

The contracting of new ships has slowed since its record in 2021 but has year-to-date remained twice as high as during the 2010s, according…

Aug 11, 2023

Record high deliveries boost container fleet capacity by 4.3%: BIMCO

Aug 11, 2023

Hapag H12023 profit drops to $3.1bn, confirms 2023 forecast

German carrier Hapag-Lloyd reported a 42 percent decline in revenue to $10.8 billion for the first half of 2023 compared to the same period…

Aug 10, 2023

Hapag H12023 profit drops to $3.1bn, confirms 2023 forecast

Aug 10, 2023

African airlines report 2.8% decline in cargo demand for June

African airlines posted a 2.8 percent decline in demand in June 2023 compared to June 2022, according to the latest update from the…

Aug 8, 2023

African airlines report 2.8% decline in cargo demand for June

Aug 8, 2023

India’s IndiGo partners with Swissport in Nairobi, Kenya

IndiGo commenced new daily direct flights between Mumbai and Nairobi with its Airbus A321 aircraft, on August 5, 2023, and for its first…

Aug 8, 2023

India’s IndiGo partners with Swissport in Nairobi, Kenya

Aug 8, 2023

Shippers hold upper hand in airfreight rates negotiations

Shippers to hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw…

Aug 4, 2023

Shippers hold upper hand in airfreight rates negotiations

Aug 4, 2023

Maersk hikes 2023 guidance despite weak outlook

Danish carrier Maersk has hiked its 2023 guidance to an underlying EBITDA of $9.5–11 billion(earlier estimate of $8–11 billion) and…

Aug 4, 2023

Maersk hikes 2023 guidance despite weak outlook

Aug 4, 2023

ONE Q1 revenue drops 58%, profit plunges 91%

Ocean Network Express (ONE) reported a 58 percent decline in revenue at $3.8 billion for the first quarter of 2023 on four percent decline…

Aug 1, 2023

ONE Q1 revenue drops 58%, profit plunges 91%

Aug 1, 2023

DSV reports 40% fall in Q2 2023 revenue

DSV reported 40 percent decline in revenue to DKK 37 billion ($5.4 billion) in the second quarter of 2023 ended in June 2023 compared to…

Jul 25, 2023

DSV reports 40% fall in Q2 2023 revenue

Jul 25, 2023

Logistics Update Africa

Logistics Update Africa

Logistics Update Africa (LUA) is a bi monthly trade magazine that brings the most credible news, views and stories of and from Africa.

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