Transport Evolution Africa Forum to drive Infrastructure Investment

ongoing

The African transport and logistics sector has raised US$200 million (R3.2 billion) in the last year and in South Africa, the sector’s contribution is expected to grow by 1.8% per annum. Transport Evolution Africa Forum and Expo will highlight and showcase African transport expansion plans across ports, rail, and road networks to enable efficient trade corridors. The African transport and logistics sector, driven by technology and innovation, is positioning itself as the key to bringing countries together and supporting their economies. According to the World Bank, trade between African countries represents only 12% of economic activity in the region compared with 60% in Europe and 40% in Asia. This presents an unprecedented potential for investment in transport and logistics across the continent.