Japanese shipping company Mitsui O.S.K. Lines (MOL), is acquiring a 25 per cent stake in Tanzania-based Alistair Group strengthening its logistics foothold in Africa. The Tokyo-based logistical firm and Alistair will merge their operations to offer ocean and air freight forwarding, land transport and warehousing among other services. MOL has a global network and prowess...
Trending
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries
- Breaking: U.S cancels Kenya tour, after Ruto visit to China