Tag: Logistics
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Nigerian Equities Extend Losses as Port Woes Drag on Market Sentiment
Nigeria's stock market extended its slump on Friday, with nine sectors closing in the red and only six managing gains.
Blue-chip stocks largely stagnated, though...
Global air cargo dips again as rates edge higher
Global airfreight volumes fell for a second straight week in early August, with demand slipping 2 percent in week 32 compared to the previous...
Southern Africa Launches US$16 Billion Smart Trade Corridor
Seven nations have agreed to transform Africa’s busiest trade route into an integrated "smart economic corridor," aiming to unlock $16.1 billion in new GDP...
Chowdeck Secures US$9M to Speed Up Nigeria and Ghana Expansion
Chowdeck has raised $9 million in Series A funding to accelerate its growth across Nigeria and Ghana and launch a quick commerce service.
The African...
Air Cargo Volumes Rebound as Rates Face Persistent Pressure
Global air cargo volumes rose 6% year-on-year in July, rebounding from June’s sluggish 1% growth, while rates dipped 2% amid expanding capacity.
Tonnages jumped 8%...
