Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

EU initiative supports evolution of smart corridors

12 Dec 2024 - by Ed Richardson
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Data networks built alongside Africa’s main trade routes are enabling the establishment of “smart corridors” which use a combination of GSM cell phone and satellite signals to manage the f low of cargo.The modernisation of manufacturing, agriculture and retail operations, and the live tracking and tracing of cargo follow connectivity.Mobile operators have helped Africa to leapfrog the landline era by providing the wireless networks needed for the Internet of Things (IoT) and artificial intelligence (AI). The GSMA's Mobile Economy Sub-Saharan Africa 2024 report puts mobile Internet penetration in sub-Saharan Africa at 27% in 2023. It is expected to reach 37% by 2030.More importantly for the logistics sector is that 4G adoption is expected to reach 50% by 2030, overtaking 3G as the primary technology.Technologies such AI, 5G and satellite could unlock $170 billion in GDP by 2030, according to the GSMA.By 2030, the continent is expected to have over 50 million licensed cellular IoT connections, with South Africa accounting for over half the total, according to the report.Support for the evolution of smart corridors is being provided by The European Union's Global Gateway initiative.The objective is to integrate the African and European multimodal transport networks in line with the regional and continental frameworks and tailor these networks to develop the economic potential of the AfCFTA by 2030. The Global Gateway corridors are Durban to Lubumbashi; Maputo to Walvis Bay and Lüderitz Bay; Abidjan-Lagos, Abidjan – Ouagadougou; Praia to Dakar-Abidjan; Cotonou – Niamey; Libreville/Kribi/Douala – N’Djamena; Douala/Kribi-Kampa; Dar es Salaam – Nairobi – Addis Ababa – Berbera/Djibouti; Mabasa – Kisangani; Cairo – Khartoum – Juba – Kampala and the Lobito Corridor. Each of the corridors will benefit from Global Gateway investment in hard infrastructure of up to EUR 100 million in grants for blended finance, with a potential for EUR 1bn leveraged from European Development Finance Institutions and the private sector.Soft infrastructure connectivity measures would potentially amount to EUR 25m in grant funding per corridor “to ensure sustainable, efficient, smart, resilient, fair, affordable, secure and safe mobility and trade within southern Africa, and between Africa and Europe”, according to the secretariat. ER

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Corridors 13 December 2024

View PDF
Infrastructure investment could fuel African economic growth
12 Dec 2024
Eastern transport routes most affected by changing weather patterns
12 Dec 2024
US invests millions in Lobito Corridor
12 Dec 2024
Making use of virtual short-sea shipping corridors
12 Dec 2024
Plans afoot to strengthen regional collaboration
12 Dec 2024
African businesses discovering continental market
12 Dec 2024
New fruit terminal enhances Moz-SA trade corridor
12 Dec 2024
EU initiative supports evolution of smart corridors
12 Dec 2024
A road to regional economic growth
12 Dec 2024
Multidisciplinary project to reduce impact of climate change
12 Dec 2024
Lack of integration hinders efficiency
12 Dec 2024
Northern and Eastern Cape strategic for SA bulk export growth
12 Dec 2024
  • More

FeatureClick to view

Road & Rail 27 June 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Road Logistics Pricing Specialist

Tiger Recruitment
East Rand
02 Jul
New

Operations Manager

Lee Botti & Associates
Cape Town
02 Jul
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us