Page 30 - Logistics News Oct Nov 2020
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News
New partnership to expand e-logistics
technology solutions across Africa
Courtesy www.bizcommunity.com
PROVIDER OF integrated market access and established East and West African markets
logistics solutions Imperial has announced and facilitate Lori’s expansion across Southern
an investment in, and partnership with, Lori African markets. It will also combine Lori’s
Systems to expand its e-logistics technology technology and Imperial’s expertise in logistics
solutions across Africa. This strategic to drive similar efficiencies in Southern African
partnership is the first of its kind at this scale markets.
and scope on the African continent. The Imperial Venture Fund, managed by
The partnership between Imperial and Lori Newtown Partners – a US venture capital
Systems will provide additional support in Lori’s firm, recently concluded an investment in
Lori Systems to support its growth in East
and West Africa. The Imperial and Lori
Systems partnership in the Southern African
Development Community (SADC) region
will help develop and enhance Africa’s road
freight industry through digital innovation and
enablement.
Imperial will have access to Lori’s proprietary
platform through this partnership, providing
shippers and transporters in Southern Africa
with access to a flexible suite of software
applications and data. This will lead to more
efficiently managed operations and fleets,
resulting in tangible cost savings. •
Coega’s R380m projects taking shape
Courtesy Freight News
THE COEGA Development Corporation (CDC), Siphokazi Xakana, a building student from
the developer and operator of the Coega the Coega Skills Centre who is currently a
Special Economic Zone (SEZ), has three bricklayer at the construction site, said the skills
projects underway, collectively valued at about she had obtained during her employment on
R380 million. They have created about 290 this project had helped her to grow as a young
construction jobs so far. female in a male-dominated industry.
They include the African Port Logistics and The African Port Logistics and Infrastructure
Infrastructure (citrus sector) valued at R264 project will see the development of a fruit
million, the expansion of the Coega multi- packaging facility, fruit cold storage and a
user facility valued at R71 million and the DHL container depot, while the DHL Logistics Facility
Logistics Facility (logistics sector) valued at will occupy a total of 11,400sqm and will see the
R156 million – all of which form part of the development of a warehouse and offices. •
Eastern Cape’s economic priority sectors.
The multi-user facility (phase two) is located
in Zone 3 of the Coega SEZ. It is currently
under construction, with over 151 construction
jobs created so far. The 7,000 square metre
facility is a replica of phase one, which is now
fully occupied. “It seeks to provide affordable
industrial space for many small-to-medium
companies, especially entrepreneurs wishing to
grow their businesses. Since the establishment
of the multi-user facility, it has provided local
people with employment in the construction
industry,” the CDC said. The Coega IDZ offices in the Eastern Cape.
28 October/November 2020 | Logistics News
