Growth in Africa Freight Forwarding Market driven by Intra-regional trade, Infrastructural Development and New Logistic Hubs in countries: Ken Research

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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:-

Nigeria Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding

Kenya Freight Forwarding Market Outlook to 2023 – By Sea, Land, Air, Rail and Pipeline Freight; International and Domestic Freight, Integrated and Contract Logistics Freight Forwarding

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

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