Page 25 - LUA Sep - October 2022 for Magzter

NEWS

Google invests in Kenyan e-logistics firm Lori Systems

oogle has invested in Lori Systems,
Gan e-logistics company that digitizes
haulage and provides shippers with
solutions to efficiently manage cargo
and transporters. Nairobi-based Lori
has built an e-logistics platform that is
revolutionizing the cargo-transport value
chain in frontier markets. According to
the company's website, the relative cost
of moving goods in Africa is one of the
highest in the world, leading to up to
75% of product costs going to logistics investment is the third from Google's CEO, Lori Systems, said the the company
(compared to 6% in the US). Lori $50 million Africa Investment Fund, had been successful, achieving up to
Systems claims to have helped thousands announced by Google chief executive 20 per cent price reduction for cargo
of shippers and carriers move over Sundar Pichai in October 2021. The fund owners and a nearly two times increase
$10 billion worth of cargo across the was targeted at the continent's early and in truck utilization for transporters on
continent since its founding in 2016. This growth-stage start-ups. Uche Ogboi, the Lori platform.

Second container terminal at Port of Air Tanzania extends hub

Abidjan in the final construction stage contract with Swissport

n August Côte d'Ivoire Terminal director of Côte d'Ivoire Terminal.
Iat Port of Abidjan received six This ambitious project, according to
ship-to-shore (STS) gantries and Hien Yacouba Sié, managing director
seven rubber-tyred gantries (RTG) of the Autonomous Port of Abidjan,
signalling a decisive step in the attests to the Ivoirian government's
planned construction of the second on-going commitment to developing
container terminal. This handling port infrastructures in Côte d'Ivoire
equipment, manufactured by ZPMC and will promote the growth of
in China will be used to start the trade in the sub region. The port ir Tanzania has extended the airport
operational testing stage before the is also likely to obtain the Bolloré Aground services contract at its Dar es
planned commissioning in November Ports Green Terminal label from Salaam (DAR) home base with Swissport till
this year. These machines use the Bureau Veritas1, which is a guarantee 2024. "The renewed agreement includes a
latest technology including a state- of energy and environmental comprehensive service catalogue for airport
of-the-art control system and a performance. "By receiving this ground services, air cargo handling, and
next-generation power supply system equipment, all of the efforts and aviation security for around 134 flights per
that significantly reduces CO2 investments made by Côte d'Ivoire week," a release from Air Tanzania said. At
emissions and energy consumption. Terminal are paying off, allowing us DAR, Swissport staff are servicing Boeing 787
"We have been able to meet every to accommodate higher volume levels Dreamliners, Airbus A220s and Bombardier
deadline we set for ourselves and as and streamline import and export Q400 aircraft for Air Tanzania. In addition
of today, more than 95 per cent of flows in West Africa,” said Olivier to Dar es Salaam, Swissport is also managing
all construction work is complete,” de Noray, Ports and Terminals the airline's hub operations at Kilimanjaro
said Koen de Backker, managing Managing Director of Bolloré Ports. Airport (JRO). "We are pleased that Air
Tanzania has once again chosen Swissport as a
partner for a range of mission critical ground
services that have a significant impact on an
airline's on-time performance and reliability,"
says Mrisho Yassin, CEO, Swissport Tanzania.
"It underlines that our leading position in hub
and large base handling is recognised across
the industry and pays off also at the airport of
the Tanzanian metropolis.”

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