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China to invest $10bn in new Africa port China is investing $10 billion to build a new port at Bagamoyo, a town northwest of Dar es Salaam, in order to boost regional trade, according to the latest Port Management Association of East and Southern Africa (Pmaesa) newsletter. Big changes at Capespan Zeder Financial Services Limited, an investor in food, beverage and agricultural companies, has reached agreement with Total Produce to acquire its entire shareholding in SA fruit export major Capespan Group Limited for R258 million. Following the acquisition, Zeder will hold approximately 71.1% of the company. ‘West Africa must act to benefit from booming project cargo sector’ Improving port capacity in West Africa is crucial if the region is to benefit from the booming project cargo sector. Bas de Vaal, managing director of Portside International, told delegates at the Breakbulk Africa conference in Cape Town yesterday that this did not relate only to equipment upgrades, but also services and skills. Perishable conference pushes collaboration message Co-operation and collaboration across the perishable supply chain are critical to the success of Africa’s cool logistics competitiveness. The time for silo attitudes and actions is long gone, said Rachel White, director of Cool Logistics Resources, organisers of the second Cool Logistics Africa conference held in Cape Town last week. Logistics major strengthens Namibia presence Jacques Steenkamp has been appointed branch manager in Namibia for the supply chain major Savino Del Bene.