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Slated to be Nigeria’s first deepsea port and the deepest such facility in sub-Saharan Africa, work on Lekki began in March 2018 and is targeted to be complete in 2022. The port will help meet rising demand for containers in Nigeria, the compound annual growth rate of which is forecast to be 12.9% between 2016 and 2025.
Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
In a research project undertaken by Michigan State University's Broad College of Business, with input from 50 participating organizations, the main issues of concern to supply chain managers were identified as capacity/resource availability, talent (recruitment), complexity, threats/challenges (supply chain risks), compliance and cost ...
Red Star Express is a Nigerian logistics company which includes local and international deliveries, freight forwarding, combined warehousing and haulage services, and document management, and e-commerce order fulfillment services. [2]
The decree establishing the NMA applied the 40-40-20 principal defined by the United Nations Conference on Trade and Development (UNCTAD). This meant that 40% of cargo should be allocated to ships from the importer, 40% to ships from the exporter and 20% subject to open competition, which may include ships from other countries.
WASHINGTON (Reuters) -U.S. President-elect Donald Trump aims to deport all immigrants in the U.S. illegally over his four-year term but wants a deal to protect so-called "Dreamer" immigrants, he ...
Jumia is a marketplace, logistics service and payment service, operating throughout Africa.The logistics service enables the delivery of packages through local partners while the payment services facilitate the payments of online transactions. [1]