Startup Mazi Mobility gets backing from venture builder Satgana, launches electric motorcycles

KENYA – Mazi Mobility, a Kenyan startup, has launched its electric motorcycle fleet with backing from global venture builder, Satgana. Mazi Mobility is using motorcycles, locally known as “bodas” in Kenya to accelerate the transition to efficient, affordable and clean transport in Nairobi. Its flagship motorcycle, the Magnus 3000 (M3K), is a better alternative to petrol-driven bodas, while the startup is also introducing battery swapping stations that provide on-demand energy, reducing transportation costs by 50 percent.  The MK3 offers a choice between a single and dual battery, capable of up to…

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Kuehne+Nagel completes acquisition of Apex Logistics

WORLD – Global transport and logistics company Kuehne Nagel, has completed the acquisition of Apex International Corporation, following the satisfaction of all closing conditions. Apex is an Asian freight forwarder, especially on the transpacific and intra-Asia trade routes. In 2020, the company generated turnover of CHF 2.2 billion (US$2.4 billion), gross profit of CHF 296 million (US$327 million) and earnings before taxes of CHF 126 million (US$139 million) and ranked seventh in terms of global air freight forwarding volume. In the first quarter of 2021, Apex has continued to perform…

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DHL-Ethiopian Airlines Logistics Services appoints Silvio Weiland as general manager

ETHIOPIA – DHL-Ethiopian Airlines Logistics Services, a joint venture company by DHL Global Forwarding (DHL) and Ethiopian Airlines, has appointed Silvio Weiland as general manager to oversee the strategic direction of the business in the country. Weiland takes over the leadership role from Berhanu Kassa, who was one of those instrumental in forging the strategic partnership between DHL and Ethiopian Airlines. Kassa will continue to support the joint venture whilst he returns to handle logistics services at Ethiopian Airlines. Weiland will report to Ivin George, managing director for DHL Global Forwarding, East…

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Etihad Airways to sells stake in Air Seychelles

SEYCHELLES – The government of Seychelles had reached a deal to take full ownership of Air Seychelles, following talks with Etihad Airways in which the UAE-based airline agreed to relinquish the 40 percent stake it holds at a steep discount, Seychelles News Agency has reported. Air Seychelles had owed US$72.3 million to Etihad; with the 79 percent write-down, Seychelles will pay US$11.34 million. A total of $71.5 million is still owed to bondholders. Etihad Airways entered a partnership with Air Seychelles in 2012, when it bought a 40 percent share…

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Kenya Airways and South African regional airline Airlink sign interline agreement

KENYA – Kenya Airways has signed an interline agreement with Airlink, a South African regional airline to extend the Kenya’s national carrier’s in the Southern Africa region via Johannesburg and Cape Town. The new agreement will offer customers seamless travel of over 40 cities across Africa. Kenya Airways continues to diversify its services and operations in response to their customers needs. Under this latest agreement, Kenya Airways customers flying to South Africa will be able to connect with Airlink operated flights to Windhoek, Durban, Gaborone, Maseru, Pemba, Maputo, Port Elizabeth, among…

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Logistics company DSV Panalpina completes the acquisition of Globeflight

SOUTH AFRICA – DSV Panalpina, a Danish transport and logistics company, has completed the acquisition of South African-based Globeflight Worldwide Express after the relevant competition authorities have approved the details in the agreement. The deal was initially announced in December 2020. The acquisition includes all Globeflight’s operations in South Africa and Swaziland and will immediately be able to fortify DSV Panalpina’s presence in the small express parcel courier sector. The acquisition is consistent with DSV Panalpina’s global strategy of growth through acquisitions while at the same time being a strategically…

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Aviation traffic in Africa sank 73.7% in March 2021 – IATA

AFRICA – The International Air Traffic Association (IATA) has announced that passenger traffic fell in March 2021 compared to pre-COVID 19 levels in March 2019 but rose compared to the immediate month prior to February 2021. The comparisons were done that way because between 2021 and 2020, monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted all comparisons are to March 2019, which followed a normal demand pattern. Total demand for air travel in March 2021 (measured in revenue passenger kilometres or RPKs) was down 67.2%…

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AFRAA, ACI Africa sign MoU to support development of air transport industry

AFRICA – The African Airline Association (AFRAA) and Airports Council International Africa (ACI Africa) have signed a memorandum of understanding (MoU) to materialize their cooperation. AFRAA and ACI Africa have agreed to mutually support the development of the air transport industry in Africa through collaborative actions to address safe, secure, seamless, environmentally friendly and affordable air travel, among others. The MoU signed by Abderahmane Berthé, AFRAA’s Secretary General and Mr Ali Tounsi, ACI Africa’s Secretary General will work on promoting and sharing of best practices to foster constructive engagement between…

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Ecommerce startup Gozem expands its ride hailing services to Gabon

GABON – Gozem, a West African-based eCommerce startup which offers ride-hailing, logistics, food delivery, and fintech services, has launched in Gabon with a taxi-booking app. This is the first time Gozem will spread its operations outside West Africa. As it were, its focus is currently on Francophone African markets. Residents of Libreville, Gabon’s capital, can now access digital ride-hailing services on the Gozem app, as the service is not yet available outside the city. Gozem’s operations initially spanned only cities in the Republic of Benin and Togo — two West…

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Logistics startup Flextock raises US$3m to strengthen its presence in Egypt

EGYPT – Flextock, a tech-enabled logistics startup, has raised pre-seed funding of US$3.25 million to scale its logistics solution across the MENA region and reach up to 1 million merchants. Flextock, with the help of the funding, wants to capture a large portion of MENA’s US$25 billion e-commerce logistics market. The company plans to put the funding into strengthening its presence in Egypt, technology, recruitment and regional expansion before the end of the year. Participating investors in the round include Egyptian VC, Foundation Ventures, Y Combinator, CRE Ventures, B&Y Ventures…

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