A logistics hub under construction in Gulu will transform the Ugandan city in a strategic logistics point for trade between Uganda, Kenya, South Sudan and the Democratic Republic of Congo (DRC) by shifting part of road traffic to railway, as planned under Vision 2040, the strategic master plan for Uganda’s development which aims at developing by 2040 a multi-lane standard gauge railway system with high speed trains for both passenger transport and cargo freights linking Uganda to the Mombasa (Kenya), Dar-es-salaam and Tanga (Tanzania) and Djibouti ports.

Read more...

According to the 2021 Global Retail Development Index published by Kearney, Africa will emerge in the next years as the major retail hotspot on the world scenario. The Continent will progressively shift away from traditional models (represented by the galaxy of small, mostly family-owned retail, including informal businesses, that are current involved in the distribution of products to final consumers), evolving towards modern retail solutions, including large-scale distribution stores and e-commerce, that will offer lucrative investment opportunities to those that will enter into this business, especially in those countries with faster economic growth (economic growth generates more consumption) and a growing middle class, such as Morocco, Egypt, Ghana and Cote d'Ivoire.

Read more...