Latest News
- To Address Regional Issues, Kuwait Joins The OIC Summit
- Streets, Services, And Infrastructure To Be Developed In Shuwaik...
- Passports Of Kuwaitis Involved In Drug Crimes Abroad Revoked By...
- Right To Privacy And Respect For The Dead
- Compatriots Scam Egyptians
- Mother And Daughter Arrested For Prostitution And Extortion
- Two Male Nurses Break Bones In A Fistfight
- Former Minister Arrested On Arrival Over Graft
- Ministry Of Education Uncovers Salary Payments To Absentees
- Kuwait Banks Seek Clarity From Central Bank On Citizenship Revoc...
- Kuwait Organizes 30 Events To Protect Children From Tobacco Indu...
- Proposal For Residential City South Of 6.5 Ring Road Rejected Ov...
Agility Opened Distribution Park Near Ghana's Main Port
Kuwait-based Agility has opened a distribution park near Ghana’s main port, the first of a network of logistics parks it intends to build across Africa.
Tenants at the 45-acre Ghana Agility Distribution Park in the Tema Port Free Trade Zone Enclave include multinationals entering the West African market and small and medium-size Ghanaian companies using the park to expand their operations in light manufacturing and export and import, the logistics firm said in a statement.
Agility added that it is developing distribution parks in Cote D’Ivoire, Tanzania, Nigeria, Mozambique and Angola. It also has additional sites available in Senegal, Mauritius and Cameroon.
“One of the biggest constraints to companies starting to do business in Africa is the lack of quality logistics and infrastructure,” said Geoffrey White, CEO of Agility Africa. “This is inhibiting the growth of trade, imports, exports and manufacturing.”
The Agility parks provide 24-hour security, reliable power and connectivity, and international-standard warehousing and logistics services. White added: “By developing and leasing much-needed warehousing, the Agility Distribution Parks help companies operate in Africa with the reliable, modern and secure infrastructure they need to grow their business, allowing them to access new markets without committing large amounts of capital.”
To meet demand, Agility is building seven more warehouses at the Ghana park in a second phase of development, the statement said. The 2016 Agility Emerging Markets Logistics Index ranked Ghana as one of the most promising markets in Africa. Africa’s growing middle class and consumer spending were identified as the most significant drivers for Africa’s growth in the Index, an annual ranking of the world’s most attractive emerging markets countries.
“Agility is investing in the future of Africa by funding and developing projects that build long-term sustainable businesses. The Ghana distribution park is just the first step,” White said. “We are proud to be supporting Ghana’s economic growth, and the economic growth of Africa as a whole.”
Trending News
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Ministry Announces Separate Time For Amnesty Seeke...
21 April 2024
-
The Ministry Connects With Violators Of Residency...
23 April 2024
-
AstraZeneca Admits Covid Vaccine Can Cause Rare Si...
29 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
3 Expats Caught In Salmiya With 213 Bottles Of Loc...
23 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Al-Nuer Festival Celebrates Kuwaiti Agriculture Wi...
22 April 2024
-
Peak-time 'cut-offs' Raise Fears Of An Electricity...
22 April 2024
-
Road Trip From Kuwait To Bahrain Via Saudi: Travel...
22 April 2024
Comments Post Comment