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Angola wants complementary strategies for maritime security

  Angola considers it essential that African States develop complementary maritime strategies at the national, regional and continental levels for maritime space protection, risk prevention, threat identification, the definition of coordinated responses and legal accountability. The information was provided on Monday in Luanda by Angolan Foreign... More

Ethiopian Airlines says serves over 4,000 Chinese passengers daily

  Close to 4,000 Chinese passengers use the Ethiopian airline’s flight services on a daily basis, the Ethiopian Airlines Group revealed on Wednesday. Ethiopia’s flag carrier in its report presented to the Ethiopian parliament on Wednesday indicated that the Chinese passengers represent one of the largest customer bases of the airlines. The... More

Holt Joins Maersk And IBM Global Shipping Platform To Boost Productivi...

  Holt Joins Maersk And IBM Global Shipping Platform To Boost Productivity At Packer Avenue Marine Terminal PHILADELPHIA, April 18, 2018 /PRNewswire/ – Holt Logistics Corporation announced today that it has become the first independent port operator in the northeastern United States to conduct a pilot based on a blockchain-based global trade... More

Russia To Fund Commercial Aircraft Presence in Africa

  A Russian state-owned export development institute has introduced a $20 billion fund to support financing of Russian-made commercial aircraft for African airlines through the Pan African Bank and the African Export-Import Bank (Afreximbank). The Pan African Bank unveiled the special credit facility on April 9 in Nairobi, Kenya. Afreximbank global... More

Air travel and Africa’s economic integration

  It is perhaps ironic that Nigeria, few weeks after it rejected to sign the Africa Continental Free Area (AfCTA) agreement in Kigali, will be hosting the 59th Airports Council International Africa Board and Committees Meetings and Regional Conference and Exhibition. It is ironic because after staying out of an Africa-wide agreement to free trade,... More

Excessive, Discriminatory Charges Root Of Underdeveloped African Aviat...

  The International Civil Aviation Organisation (ICAO) on Tuesday said excessive and discriminatory charges by countries were hindering the development of aviation in Africa. ICAO, the apex aviation body, made this known at the ongoing 59th Airports Council International (ACI) Africa Conference in Lagos. The conference which began on April 14 will... More

It will be a positive step to have an official port elsewhere taking c...

  Despite Nigeria being the leaders in the region through sheer market size and the options they bring, the Nigerian ports continue to suffer from inefficient quality infrastructure. Nonetheless, there seems to be an inter-port competition along the Western African coastline, as well as an increase in private investments in these ports. In line... More

Central Bank Governors and Representatives comes together for enableme...

  Representatives from 11 Common Market for Southern and Eastern Africa (Comesa) and Central bank governors are convinced that attaining monetary integration is possible and that this could be enabled if member states have larger and deeper financial markets. This is something that Africa has been battling with, the idea of monetary integration... More

Africa needs to take advantage of economic potentials– PwC reports

  PwC stated in their report that In Africa the needs to take advantage of the economic potential of its shipping sector and ports if it is to get the outcome of its growth ambitions. Port performance must be seen in the context of not only port infrastructure shortfalls, but also the fact that port performance has a direct impact on the efficiency... More

African Legal Support Facility in partnership with Uganda government t...

  African Legal Support Facility (ALSF) in partnership with the Government of Uganda has finally signed an agreement with a consortium of American and Italian firms to finance and construct a US $4-billion refinery in the country’s Hoima district. The signing ceremony for the agreement took place on April 10, 2018 in Entebbe, Uganda. The... More

Tanzanian ports kicks Kenya out of regional trade, audit firm reports

  Recently a report came in that the expansion of the Tanzania’s Dar es Salaam port and the Djibouti port are posing the biggest threat to the growth of Mombasa port. The audit firm PriceWaterHouseCoopeers (PWC) gave its 2018 African port report and has noted that the Tanzania government’s investment in the Dar port, and the development... More

African Development Bank expresses condolences to victims of Algerian ...

  Following the crash of a military plane, which caused the loss of 257 lives recently, The African Development Bank Group conveyed its most sincere condolences to the families of the victims as well as to the Algerian authorities that was affected in the crash. The African Development Bank President, Akinwumi Adesina, wrote in the book of condolences... More

NSE moves Access Bank, Lafarge, Seplat and UBA to be part of Premium B...

  The Nigerian Stock Exchange (NSE)  announce its migrating with  the following establishments: Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company Plc and United Bank for Africa Plc. This establishment would be migrated to its Premium Board on Monday, April 16, 2018. In follow up to them applying and meeting the Exchange’s... More

African Development Bank in conjunction with Portuguese Government set...

  The African Development Bank is coordinating the implementation of an integrated development strategy for Portuguese-speaking countries in Africa, to help unlock economic growth. To preparation for the official lunch of this initiative, the Government of Portugal and the Bank have endorsed an agreement to providing language training for the... More

Guest of The Month

  Mr. Walter Jones It is our duty bound to sustain, promote and build African logistics industry. In this edition, African Cargo News was able to track down the General Manager, Etihad Airlines Mr. Walter Jones as our April 2018 Guest of the Month to give our reading audience an update on their activities and to inundate us with their future plans for Africa and the global aviation community....  More

Latest News Angola wants complementary strategies for maritime security

  Angola considers it essential that African States develop complementary maritime strategies at the national, regional and continental levels for maritime space protection, risk prevention, threat identification, the definition of coordinated responses and legal accountability. The information was provided on Monday in Luanda by Angolan Foreign Minister Manuel Augusto at the official opening of the 1st postgraduate course in Law of the Sea, designed to train Angolan cadres on issues related to the maritime domain, in the economic, legal, political, technological security, among others. According... More

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