Analysts at Ken Research in their latest publication “Africa Freight Forwarding Market Outlook to 2023- By Mode of Freight (Road, Rail, Air, Sea and Pipeline), By End Users (Food and Beverages, FMCG, Industrial and others) and by Contract Logistics and Integrated Logistics” believe that the Freight Forwarding Market of Africa is at its growing stage. With a high, a number of landlocked countries focus should be on improving the intra-regional trade which would help the freight forwarding market of the continent to grow.
Development Projects: In Somalia a concession the agreement was signed between the authorities of Port of Berbera and DP world (international terminal operator) in late 2016. The project had two phases wherein the first focused on operational improvements and acquisition of terminal equipment while the second phase focused on the construction of a 400-meter quay wall with a 250,000 square meter container yard and an adjacent free-trade zone.
Intra Regional Trade: With the help of the African Continental Free Trade Area there comes to an establishment of a single continental market for goods and services which seeks to increase intra-African trade by cutting tariffs by 90% and harmonizing trading rules at a regional and continental level. If the trade agreement turns out to be successful the intra-African trade is expected to boost by 52.3% by 2022.
Focus on International Trade: For an import oriented country like Kenya, it is all the more crucial to participate in international initiatives towards trade relations. Kenya is a member of COMESA and the EAC along with having signed various trade agreements like ACP, AGOA, and AfCFTA. Therefore Kenya has free access to the entire African market as well as the Asian, European and North American markets for a number of goods.
Development of Railways: The railway line between Ethiopia and Djibouti is said to the first electric railway in Africa. The difference in rail gauges undermined the regional integration of the rail networks. Most of the railways used wither Cape gauge or the meter gauge.
Technological Advancement: While GPS and Control Towers are standard practices in logistics in developed countries, it is employed by only big domestic players and international companies in Africa. Supply chain visibility has become an increasing demand of clients and freight forwarders in the continent are also stepping up to new technologies.
Key Segments Covered:-
By Mode of Service ((Road Freight, Rail Freight, and Air Freight, Revenue and Freight Volume, Cost, Major Flow Corridors)
By Contract and Integrated Logistics
By End Users (Food, Beverages and Consumer Retail, Automotive and Healthcare and Others)
Companies Covered
Africa
Bollore Africa Logistics
Kuehne Nagel
DHL
Maersk
DSV Panalpine
CEVA Logistics
DB Schenker
South Africa
Imperial Logistics
Onelogix
Santavo Limited
DB Schenker
ID Logistics
DSV-Global Transport and Logistics
Kenya
DHL
Kuehne Nagel
Panalpina
CEVA Logistics
DB Schenker
Maersk Line
Agility Logistics
FedEx
Tanzania (Competitive Landscape)
Alistair
MeTL
Maersk Line
CMA CGM
Uganda
Bollore Transport and Logistics
Spedag Interfreight
Maersk Uganda Limited
Kenfreight Uganda Limited
CMA CGM Uganda
Union Logistics Uganda Limited
Nigeria
DHL
BHN Logistics
Bollore Africa Logistics
ABC Transport
United Postal Services
Red Star
Maersk
Mediterranean Shipping Company (MSC)
TSL Logistics
Namibia (Competitive Landscape)
A Van der Walk
TransNamib
DB Schenker
Pacific International Lines
Pronto Air and Ocean Freight
Woker Freight Service
Botswana (Competitive Landscape)
Transport Holding
Bollore
Seabelo Carriers
Country Profiles
South Africa
Kenya
Tanzania
Uganda
Nigeria
Namibia
Botswana
Key Target Audience
Freight Forwarding Companies
Freight Forwarding Consultancy Companies
Contact Logistics Companies
Venture Capitalists, PE
Freight Tech Companies
Consulting Companies
Investment Banks
Time Period Captured in the Report:-
Historical Period – 2013-2018
Forecast Period – 2019 -2023
Key Topics Covered in the Report:-
Africa Freight Forwarding Market
Namibia Freight forwarding Market
Africa Freight Forwarding Industry
Africa Air and Sea Freight Market Growth
Africa Pipeline Freight Market Share
Air Freight Volume Africa
Cargo Volume Africa
Africa Contract Logistics Market Report
International Freight Market Africa
Namibia Logistics Cost
South Africa Logistic Cost
Air Freight Revenue Cargo Africa
Africa Multimodal Transportation Market
Tanzania International Freight Market
For More Information, Refer To Below Link:-
Africa Freight Forwarding Market Analysis
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
