Overcoming Cost and Efficiency Barriers in African Logistics
It is estimated that by 2050, Africa will be home to about two billion people. To effectively
sustain this population and its needs the focus must be on sustainable infrastructural
development across all sectors.
The fragmented, costly and unreliable nature of our logistics has now created the need for
efficiency in the sector. These challenges are revealing where the opportunity lies, and
innovative logistics companies and enablers in Africa are developing digital solutions to deliver
efficient and cost-effective logistics and fulfilment services.
These companies are not in any way changing how logistics work; rather their solutions are
addressing the various challenges of businesses and consolidating them on different tech
enabled platforms. The effect of this is streamlined logistical operations and optimized supply
chains.
This is rapidly opening up the continent, creating job opportunities and enabling businesses to
grow. The African Continental Free Trade Agreement (AfCFTA) further seeks to support this
drive through creating the largest free trade area in the world.
The transformative potential of this will heavily depend on the free flow of goods within
countries and across borders. This can only be fully unlocked with a proper logistics
infrastructure. Businesses no longer have to outsource multiple suppliers to help them service
bits of their entire logistics value chain.
Today they can access a range of logistics and fulfilment services at the tap of a button. This
enables them to properly manage their deliveries, get storage, insure their goods, access
working capital, organize their inventory, and track their shipments amongst many other
benefits.
The effect of this is now translating to a thriving economy as businesses are now able to move
their goods cost effectively.
This was a 20 percent increase compared to the previous year 2020. With technology, there is an
opportunity for us to grow this number to over 70 percent.
It is estimated that by 2050, Africa will be home to about two billion people. To effectively
sustain this population and its needs the focus must be on sustainable infrastructural
development across all sectors.
The fragmented, costly and unreliable nature of our logistics has now created the need for
efficiency in the sector. These challenges are revealing where the opportunity lies, and
innovative logistics companies and enablers in Africa are developing digital solutions to deliver
efficient and cost-effective logistics and fulfilment services.
These companies are not in any way changing how logistics work; rather their solutions are
addressing the various challenges of businesses and consolidating them on different tech
enabled platforms. The effect of this is streamlined logistical operations and optimized supply
chains.
This is rapidly opening up the continent, creating job opportunities and enabling businesses to
grow. The African Continental Free Trade Agreement (AfCFTA) further seeks to support this
drive through creating the largest free trade area in the world.
The transformative potential of this will heavily depend on the free flow of goods within
countries and across borders. This can only be fully unlocked with a proper logistics
infrastructure. Businesses no longer have to outsource multiple suppliers to help them service
bits of their entire logistics value chain.
Today they can access a range of logistics and fulfilment services at the tap of a button. This
enables them to properly manage their deliveries, get storage, insure their goods, access
working capital, organize their inventory, and track their shipments amongst many other
benefits.
The effect of this is now translating to a thriving economy as businesses are now able to move
their goods cost effectively.
This was a 20 percent increase compared to the previous year 2020. With technology, there is an
opportunity for us to grow this number to over 70 percent.
