AFRICA OPPORTUNITY: Developing Key Transshipment Hubs

Africa can pioneer a stronger trade and logistics sector by capitalising on its Transshipment Hubs' potential. Being home to some of the largest shipping networks - the Suez Canal - connecting the Americas, Europe, and Asia - the region can potentially grow as a key maritime hub and absorb revenue from the recovering global maritime sector. In 2022 international maritime trade was recorded at $3.3 trillion but is projected to grow to $5.4 trillion in 2026. Currently, Africa only accounts for 7% and 5% of the global exported and imported trade goods, respectively. The key to changing this lies in the region’s ability to boost shipping ports and hinterland access.

In this conversation, Consultant Nomvo Faith Kasolo explores the value of developing transshipment hubs in Africa and high-potential ports in the region, including the Coega Development Corporation-managed Port of Ngqura - https://youtu.be/qEPTTlPq790.

 

 

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Lynne Martin

Lynne Martin

Sales Contact, Frost & Sullivan Africa

Kiana Steyn

Kiana Steyn

Author, Frost & Sullivan Africa

Craig Parker

Craig Parker

Author, Frost & Sullivan Africa

Rebecca Mabika

Media Contact, Frost & Sullivan Africa

Sandi Makhathini

Sandi Makhathini

Author, Frost & Sullivan Africa

Hendrik Malan

Hendrik Malan

Frost & Sullivan Africa

Sarah Slabbert

Sarah Slabbert

Author, Frost & Sullivan Africa

Hannro Steenekamp

Hannro Steenekamp

Author, Frost & Sullivan Africa

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About Frost & Sullivan Africa

Frost & Sullivan is a global strategy consulting and market intelligence firm with a long-standing presence in Africa.  Frost & Sullivan helps organisations advance by informing them of market dynamics, advising on how to respond to these dynamics, and connecting them to relevant stakeholders in Africa and beyond.

Our services span the broader policy and strategy cycle leveraging our proactive commercial and technical research relevant to our sectors of focus to develop actionable intelligence for organisations.  Given our combination focus on strategy and intelligence, Frost & Sullivan is ideally placed to support commercial and technically relevant market intelligence initiatives for a diverse set of institutions within our sectors of focus.  Frost & Sullivan’s range of process capabilities will ensure a pragmatic approach to developing practical and detailed initiatives with the strongest possible longer-term impact on the African continent.


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