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The removal of fuel subsidy in Nigeria can affect the logistics sector positively and negatively, while leveraging on technology. Here’s how: Positives: 1. Technology Adoption: With the removal of fuel subsidies, logistics companies may be incentivized to adopt technology-driven solutions
Logistics Management is essential for the smooth functioning of businesses across various industries. It involves the process of planning, implementing, and controlling the flow of goods and services from the point of origin to the point of consumption. As businesses
LogiTrak partners with Octamile to automate claims and easy access to insurance products for truckers and haulage businesses in Nigeria. Octamile’s digital insurance infrastructure will bring drivers and their families, logistics and mobility businesses in our ecosystem closer to the
What are cross border payments? Simply put, cross border payments are payments where the payee and beneficiary are based in separate countries. A typical cross border payment is a multi-player process which starts when a purchase transaction is initiated, and
Africa is a continent of entrepreneurs; people with great ideas and a passion for execution. The increase in foreign investment has paved the way for African brands to compete on an international scale and many companies find that although they
The AfCFTA Secretariat and the UN Development Programme (UNDP) today have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis, and as a driver of sustainable development particularly for women and
The AfCFTA Secretariat and the UN Development Programme (UNDP) today have signed a strategic partnership to promote trade as a stimulus for Africa’s socioeconomic recovery from the COVID-19 crisis, and as a driver of sustainable development particularly for women and
WTO Boss, Dr Okonjo Iweala stated that for Africa to make the African Continental Free Trade Area work, the focus needs to be on logistics and simplifying movements of goods and services across the continent. She disclosed this at the UBA
Africa is a continent of entrepreneurs; people with great ideas and a passion for execution. The increase in foreign investment has paved the way for African brands to compete on an international scale and many companies find that although they
When on 15 February the chair of the World Trade Organization’s (WTO’s) General Council, Ambassador David Walker of New Zealand, announced that Dr. Ngozi Okonjo-Iweala would be the new Director-General, the mood among delegates was of relief. Dr. Okonjo-Iweala commanded
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HOW THE REMOVAL OF FUEL SUBSIDY CAN AFFECT THE LOGISTICS SECTOR POSITIVELY AND NEGATIVELY WHILE LEVERAGING ON TECH
DavidHOW THE REMOVAL OF FUEL SUBSIDY CAN AFFECT THE LOGISTICS SECTOR POSITIVELY AND NEGATIVELY WHILE LEVERAGING ON TECH
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