Logistics & Transportation

VENTURES AFRICA – Ethiopian Airlines will next week start flying the B787 Dreamliner on flights to Seoul, South Korea, it said on Thursday, as its CEO was elected to the board of governors of the International Air Transport Association (IATA). Ethiopia, which is Africa’s fastest-growing airline, said it will be the first airline on the [...]

VENTURES AFRICA – Djibouti and China will help rebuild Mogadishu port, officials have said. A joint delegation from the two countries arrived in the Somali capital, Mogadishu this week to discuss the port plans. The group comprised the Director of Djibouti port and officials from China who specialise in the rebuilding of infrastructure. “The delegation [...]

VENTURES AFRICA – Ethiopian Airport Enterprise proposes to build an International Airport at Teji, a town 30km west of its capital Addis Ababa. The project will reduce the congestion at the Addis Ababa Bole International airport, according to information gathered from the Public Relations Department of Ethiopia Airlines. The Airport Enterprise had been conducting a [...]

VENTURES AFRICA – Nigeria’s financial developmental agency, The Infrastructure Bank (TIB) is investing $2 billion in a Lagos Red Line mass transit system which will transport at least two million passengers daily from Alagbado to Marina. According to Business Day Nigeria, TIB Executive Director (projects) Hakeem Olopade stated that the Lagos project with 36 pedestrian walk-over [...]

VENTURES AFRICA – South Africa’s transport firm, OneLogix, on Monday said it has relocated its listing from AltX, the South African alternative exchange for smaller companies, to the main JSE board as it intends to raise capital for further acquisitions. This marks the evolution of the company’s growth plans as it lists on the transport [...]

VENTURES AFRICA – Egyptian Airport, Cairo International, has recorded 3 million egyptian pounds ($429,104) in losses, due to strike action embarked upon by employees on Wednesday, the airport chairman Mahmoud Esmat disclosed on Thursday. A number of its workers, Wednesday, staged a five hour strike preceding a wave of protest experienced in the past few [...]

VENTURES AFRICA – Virgin Atlantic has announced it will suspend its flight operations between London Heathrow and Accra, Ghana, from the 22nd of September, with the 23rd of the month as the last flight from the West African capital to London. High fuel costs, challenging economic environment and inability to operate morning arrivals from Accra [...]

VENTURES AFRICA – South African Airways (SAA) is set to invest between $4 and $7 billion on the acquisition of 25-30 long haul aircrafts following increased activity in the South African air travel industry and increased number of travelers across the continent. According to Reuters, the SAA plans to acquire the Boeing 787 and Airbus A350. [...]

VENTURES AFRICA – State officials in Ghana have directed both domestic and foreign carriers operating at the Kotoka International Airport (KIA) to take immediate action to reduce their airfares to reflect the 20 percent reduction in the price of aviation fuel announced over the weekend. Government in consultation with the Ministry of Transport and the [...]

VENTURES AFRICA – RwandAir, the national carrier of East African country of Rwanda, is set to offer five weekly flights between the Rwandan capital Kigali and Accra, Ghana as part of its West African expansion strategy. The carrier’s maiden flight to Accra is expected to touch down time at the weekend. Accra becomes the 14th [...]

VENTURES AFRICA – As part of its transformation initiative, Nigeria has partnered with General Electric to assemble 200 rail Locomotives. The Minister of Transport, Senator Idris Umar, disclosed this, describing the agreement as an investment spur. He also noted that the locomotives would be assembled over a 10-year period in what he called “a special country-to-country [...]

VENTURES AFRICA – Air Zimbabwe’s new Airbus A320 was briefly grounded in Johannesburg after a huge bird hit and cracked its windshield, the national carrier’s official confirmed on Thursday. The 150-seat mid-range aircraft was presented on the Johannesburg route only two days ago. It substituted the long-range and expensive Boeing 767 that had been flying [...]

VENTURES AFRICA – Private transport and vehicle distribution company, J.A. Plant Pool, has publicly expressed interest in bidding for loss-making Ghanaian state transport company – Intercity STC Coaches Limited – should the government finalise plans to privatise it. Intercity STC (State Transport Company) was in years past the best run and preferred coach in the [...]

VENTURES AFRICA – DHL has expressed optimism in Nigeria’s potential to become Africa’s major horticulture, fruit and vegetable exporter to Europe – especially London and Belgium. According to Commercial Manager, sub-Saharan Africa, DHL Aviation, Abayomi Adetola, Nigeria’s potential will activate the unique opportunity to earn more non-oil foreign exchange. Until last year, when Nigeria started to [...]

VENTURES AFRICA – Zimbabwe’s national carrier, Air Zimbabwe Pvt Ltd, has added a Airbus A320, which is expected to ply the Harare-Johannesburg route, to its fleet. The arrival of the new airbus follows the disbandment of Air Zimbabwe holdings to form a new state-owned company, Air Zimbabwe Pvt Ltd. Zimbabwe’s Transport, Communications and Infrastructural Development Minister, [...]