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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.
The Logistics Performance Index (LPI) [1] is a analysis tool created by the World Bank. [2] It is the combination of the weighted average of the country scores on six key dimensions: customs performance, infrastructure quality, ease of arranging shipments, logistics services quality, consignments tracking and tracing and timeliness of shipments as well as practical data measuring logistics ...
On average 13.2% of every household's budget is spent on transport, which still depends heavily on fossil fuels and represents an important source of CO 2 emissions. [ 1 ] [ 2 ] Emissions from road freight transport have risen by more than 20% since 1995, counterweighting the increased energy efficiency of vehicles.
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.
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]
A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.