Red Sea | Bizcommunity

Red Sea | Bizcommunity

News

Source: Afreximbank.

Banking

Afreximbank rolls out $3bn credit line to cut Africa's fuel imports

1 day

Source: wirestock via

Logistics & Transport

Heightened marine trade risks and what they mean for insurance

Kennedy Ntenjwa 7 Apr 2025

Source: Reuters.

Markets & Investment

Trump tariffs poised to exacerbate woes of ailing petchems sector

4 Apr 2025

Egypt Suez Canal monthly revenue losses at around $800m, Sisi says

Cargo & Storage

Egypt Suez Canal monthly revenue losses at around $800m, Sisi says

Mohamed Hendawy 19 Mar 2025

Why the internet's backbone needs urgent protection

Internet

Why the internet's backbone needs urgent protection

Alpheus Mangale, Issued by Stone 28 Feb 2025

Suez Canal Authority dismisses Red Sea route as sustainable alternative

Shipping

Suez Canal Authority dismisses Red Sea route as sustainable alternative

Momen Saeed Atallah 19 Feb 2025

Source: wirestock via

Shipping

Red Sea crisis: Supply chain issues set to continue despite Gaza ceasefire

Gokcay Balci 3 Feb 2025

Ships are seen from a plane window, passing through the Suez Canal, Egypt. Source: Reuters/Mohamed Abd El Ghany

Construction & Engineering

Egypt completes trial run of new Suez Canal channel extension

Yusri Mohamed and Menna Alaa 30 Dec 2024

TFG delivers strengthened gross profits

Banking & Finance

TFG delivers strengthened gross profits

8 Nov 2024

Suez Canal Economic Zone poised for rapid expansion, says chairman

Shipping

Suez Canal Economic Zone poised for rapid expansion, says chairman

Aidan Lewis and Patrick Werr 7 Nov 2024

Leveraging data to bridge gaps in retail logistics

Logistics & Transport

Leveraging data to bridge gaps in retail logistics

27 Aug 2024

Shipping containers pass through the Suez Canal in Suez, Egypt February 15, 2022. REUTERS/Mohamed Abd El Ghany/File Photo

Shipping

Suez Canal revenue falls as shippers avoid Red Sea routes

Yusri Mohammed 19 Jul 2024

African skies poised for takeoff: Investment key to growth

Aviation

African skies poised for takeoff: Investment key to growth

16 Jul 2024

5 predictions for the 2024 holiday shopping season

Sales

5 predictions for the 2024 holiday shopping season

Zuko Mdwaba 11 Jul 2024

Investment key to aviation growth in Africa and beyond

Aviation

Investment key to aviation growth in Africa and beyond

27 Jun 2024

Building resilience: Mitigating geopolitical tensions in supply chains

Logistics & Transport

Building resilience: Mitigating geopolitical tensions in supply chains

14 Jun 2024

FAO foresees stable food commodity markets amid 2024/25 outlook

Commodities & Fairtrade

FAO foresees stable food commodity markets amid 2024/25 outlook

14 Jun 2024

A girl carries a jerrycan filled with water at a Tolou Keur garden in the Walalde department of Podor, in the Great Green Wall of the Sahara and the Sahel area, Senegal, 11 July 2021. Reuters/Zohra Bensemra/File Photo

Climate Change

Will Africa's Great Green Wall hit 2030 goal?

Simon Jessop and Alessandra Prentice 13 Jun 2024

Morocco's Tanger Med port poised to break container capacity

Shipping

Morocco's Tanger Med port poised to break container capacity

Ahmed Eljechtimi 10 Jun 2024

Source: The Aroya Cruises’ private island.

Hospitality

#ATM2024: Get ready to explore Saudi Arabia by sea

Katja Hamilton 21 May 2024

Source: The Heart of Europe. Floating villas and artificial island living are among the top sought after emerging experiences travellers are longing for.

Trends

Mastercard: Top 5 emerging trends at Arabian Travel Market 2024

Katja Hamilton 17 May 2024

Undersea cables connecting East Africa to the internet have experienced multiple incidents in 2024.

Telecoms & Networks

East Africa internet disrupted by another major undersea cable cut

Lindsey Schutters 12 May 2024

5 big events impacting local small businesses in May

Entrepreneurship

5 big events impacting local small businesses in May

3 May 2024

Somali pirates' return adds to crisis for global shipping companies

Shipping

Somali pirates' return adds to crisis for global shipping companies

22 Mar 2024

Africa is served by a network of undersea internet cables

Internet

Seacom and Liquid maintain service during cable outages, highlight need for ISP redundancy

Lindsey Schutters 15 Mar 2024

A tough day at the office for internet users in South Africa

Telecoms & Networks

Mzansi in the dark: Microsoft acknowledges EMEA outage, but reports suggest wider issues [updated]

Lindsey Schutters 14 Mar 2024

Seacom Red Sea cable repair in permitting phase, work beginning soon

Telecoms & Networks

Seacom Red Sea cable repair in permitting phase, work beginning soon

8 Mar 2024

Egypt's tourism numbers on the rise despite geopolitical tensions

Tourism

Egypt's tourism numbers on the rise despite geopolitical tensions

Nette Nöstlinger; Editing by Frances Kerry 8 Mar 2024

Suez Canal head says Egypt studying further expansion of waterway

Shipping

Suez Canal head says Egypt studying further expansion of waterway

Yusri Mohamed 5 Mar 2024

Fuel prices rise on back of higher global oil costs and weaker rand

Energy

Fuel prices rise on back of higher global oil costs and weaker rand

Lindsey Schutters 4 Mar 2024

South Africa celebrates first AfCFTA export to Ghana amidst global trade disruptions

Logistics & Transport

South Africa celebrates first AfCFTA export to Ghana amidst global trade disruptions

28 Feb 2024

Damage is suspected to have occurred in the Red Sea

Telecoms & Networks

Seacom subsea cable outage disrupts service in east and southern Africa

26 Feb 2024

Interrupted supply chain infrastructure: Global supply risk or opportunity?

Supply Chain

Interrupted supply chain infrastructure: Global supply risk or opportunity?

Jason Griessel 15 Feb 2024

New shipping service to increase capacity and competition in citrus export market

Agro-processing

New shipping service to increase capacity and competition in citrus export market

12 Feb 2024

Iata: Air cargo demand in Africa falls as global markets recover in 2023

Cargo & Storage

Iata: Air cargo demand in Africa falls as global markets recover in 2023

2 Feb 2024

Mr Price says high risk caused by SA's port woes has subsided slightly

Retailers

Mr Price says high risk caused by SA's port woes has subsided slightly

Nqobile Dludla 29 Jan 2024

Team Woolridge and Dreyer at the 2024 Daka Rally

Motorsport

SA teams flew local manufacturing flag high at 2024 Dakar Rally

22 Jan 2024

Shipping

Maersk temporarily suspends bookings to Djibouti

Louise Breusch Rasmussen and Jacob Gronholt-Pedersen 22 Jan 2024

Egypt's PM, Maersk discuss Red Sea developments

Logistics & Transport

Egypt's PM, Maersk discuss Red Sea developments

Moamen Saeed Atallah 12 Jan 2024

Source: Supplied. David Rees, senior emerging markets economist at Schroders.

Economy

Will Suez shipping disruption derail hopes for rate cuts?

David Rees 10 Jan 2024

Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, 1 January 2024. Reuters/Tiksa Negeri/File Photo

Corporate & Commercial Law

Somalia president signs law nullifying Ethiopia-Somaliland port deal

Abdi Sheikh 8 Jan 2024

War, weather put ocean shippers on notice for rough seas in 2024

Logistics & Transport

War, weather put ocean shippers on notice for rough seas in 2024

Lisa Baertlein 8 Jan 2024

Source: Supplied. Hotel Cres in Croatia.

Property

Marriott expands luxury portfolio across continents

3 Jan 2024

Somaliland President Muse Bihi Abdi and Ethiopia’s Prime Minister Abiy Ahmed attend the signing of the Memorandum of Understanding agreement, that allows Ethiopia to use a Somaliland port, in Addis Ababa, Ethiopia, 1 January 2024. Reuters/Tiksa Negeri

Shipping

Landlocked Ethiopia signs pact to use Somaliland's Red Sea port

Dawit Endeshaw, Abdi Sheikh and Bhargav Acharya 2 Jan 2024

Economy

SA's economic outlook in 2024: Global trends and challenges

Raymond Parsons 1 Jan 2024

Source: Reuters.

Coal, Oil & Gas

Oil steady as market monitors Red Sea developments

Jeslyn Lerh 27 Dec 2023

Overwhelmed African ports grapple with surging ship traffic amid Red Sea crisis

Shipping

Overwhelmed African ports grapple with surging ship traffic amid Red Sea crisis

Wendell Roelf 27 Dec 2023

Suez Canal authority monitoring tensions in Red Sea

Shipping

Suez Canal authority monitoring tensions in Red Sea

Yusri Mohamed 18 Dec 2023

Egypt moves to shore up tourism sector in shadow of Gaza war

Tourism

Egypt moves to shore up tourism sector in shadow of Gaza war

Aidan Lewis 7 Nov 2023