Africa Gearing Up: PwC Report on Transportation & Logistics

MarineLink.com
Tuesday, February 04, 2014
Major port projects & logistics: Map credit PwC

A new analysis 'Africa Gearing Up: Future prospects in Africa for the transportation and logistics industry' has been released by PricewaterhouseCoopers (PwC), with the following joint introduction by Klaus-Dieter Ruske, Global Leader Transportation & Logistics, and Peter Kauschke, Director Transportation & Logistics.

"More than a billion people, 54 countries, a continent bigger than the USA, Europe, China and India combined. Yet Africa is barely present on the map of world trade. The continent still isn’t a major source of exports and its consumer markets are tiny in comparison to Asia, Europe or the Americas, despite its enormous size. So Africa seems relatively unimportant for the transportation and logistics industry. Or is it?

There’s no doubt that Africa faces huge challenges – arguably bigger than any other region. Recent news about growing flows of refugees from Africa to neighbouring continents shows us quite plainly how desperate living conditions are for many in their African homeland. Not surprisingly, for many the phrase African logistics currently brings to mind humanitarian logistics.

But the situation is changing fast. African logistics stands for much more – namely the chance to build tomorrow’s markets. And while tomorrow is still uncertain, logistics strategists can’t afford to ignore the African market of the future. And the global transportation and logistics industry can play a vital role in Africa’s efforts to gear up – building its infrastructure, enabling supply chains and distribution networks, providing mobility – and ultimately helping create jobs for its people.

In this report, we focus our discussion on ten selected economies on the African continent. We shed light on their demographic and economic situation, the frameworks in each country for trade and business and their transport infrastructure. We’re hoping that our assessments will help you better analyse these important future markets and understand both relevant market risks and key opportunities."

The full report is available for download at: http://www.pwc.com/gx/en/transportation-logistics/publications/africa-infrastructure-investment/index.jhtml

Source: PwC

 

 

 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

River Bell Awards Acclaim Maritime 'Family'

The Seamen’s Church Institute (SCI) recognized two inland maritime industry leaders at an annual awards luncheon Thursday, December 11, 2014, in Paducah, Ky.   The

NASSCO Cuts Steel on APT "ECO Tanker"

General Dynamics NASSCO started construction of another ship in its commercial shipbuilding backlog, starting construction of a second “ECO” tanker to be built

BP Faces Heavy Hit from Former Prized Asset Rosneft

BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.

Ports

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

Oil Prices Retreat from Short-covering Rebound

Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet the market had not shaken off a six-month long rout on oversupply concerns.

NRL Researchers Demo Ship-to-Shore Data Link

Scientists at the U.S. Naval Research Laboratory (NRL) along with Mercury Continuity (MC) have demonstrated the Tactical Reachback Extended Communications (TREC) system in the port of Miami.

Finance

BP Faces Heavy Hit from Former Prized Asset Rosneft

BP faces a first and heavy loss from its stake in Russia's Rosneft due to plummeting oil prices and a crumbling rouble, potentially forcing it to write down the value of its once-prized asset.

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

Oil Prices Retreat from Short-covering Rebound

Global crude prices fell more than $1 a barrel on Thursday, retreating from a short-covering charged rally as traders bet the market had not shaken off a six-month long rout on oversupply concerns.

Logistics

Great Lakes Coal Trade Slows in November

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays,

Hoists Facilitate Offshore Crane Repairs

When the diesel engine of a deck crane failed, it caused major handling problems for an offshore platform operating in the Dutch sector of the southern North Sea,

Transpacific Container Shippers Plan Price Rise

A container shipping organisation urged companies on Wednesday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) from Jan. 15, corresponding to an increase of 26.

Consulting

USCG Provides SAR Planning Support to Korea

Coast Guard search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov.

Vistronix Acquires Agency Consulting Group

Vistronix has acquired the Agency Consulting Group (ACG). The McLean Group's Aerospace, Defense & Government Services (ADG) practice served as the exclusive mergers

DONG Energy Appoints CEO for E&P

Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1675 sec (6 req/sec)