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M&As, Funding & Investments
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AD Ports Group launches Safaga 2 multipurpose terminal in US$200M Red Sea project
The terminal is also expected to strengthen Egypt’s connectivity with East African markets through a designated African logistics zone.
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EU allocates US$19. 6M to Kenya’s Northern Corridor for cold chain, trade facilitation
The initiative forms part of broader EU-Kenya cooperation on trade, digitalization, and investment.
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GFH Bank, OCTO launch US$300M logistics platform for Saudi Arabia, UAE
GFH will serve as investment manager and development partner for the platform.
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Bergeijk Logistics acquires Visser Transport Agencies, strengthens Austria, Slovenia, Croatia presence
The integration of VTA into Bergeijk Logistics B.V. will take place over the coming period.
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Asahi Beverages begins construction of US$105.1M Queensland distribution centre
The new Queensland facility forms part of Asahi Beverages’ nationwide supply chain modernization strategy and is expected to become operational by 2028.