When Kevin Smith and his partners started a solar energy firm in Santa Monica in 2008, they expected to sell their technology to advanced economies in Europe and the United States. But much of the action has been in a part of the world Smith initially wrote off: Africa.
Egypt said on Tuesday it plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multibillion-dollar project to expand trade along the fastest shipping route between Europe and Asia.
Over the past decade, Chinese companies have built bulging order books in Africa, cutting their teeth in a part of the world where Western competitors, when present at all, have not brought their A team. The Chinese astutely calculate that the wealth they accumulate in Africa and the lessons they learn will serve them well as they push into bigger, richer, and tougher markets.
DB Schenker Logistics is expanding its presence in Africa. Former partner Bochimar Lda. has been integrated into the DB Schenker network, after nine years of a strong and growing partnership.
Frost & Sullivan to assist companies to optimise Manufacturing and Supply Chain Processes through its International Supply Chain Excellence Programme, Gulf Edition 2014
The latest supply chain news, analysis, trends and best practices for companies operating in the Middle East and Africa. The Middle Eastern region consists of 18 countries that stretch from the western borders of Turkey and Egypt to the eastern edges of Iran and Saudi Arabia. Learn how businesses are optimizing supply chain and logistics performance in these regions, addressing a range of challenges such as poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates - as well as capitalizing on new land and labor opportunities, particularly across Africa.
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