Africa has an opportunity to leverage on its growing economic and trade cooperation with China to increase the capacity of its logistics industry, especially in building a tech-enabled industry, this is according to Ndiare Sembene, Africa-China expert at DHL Global Forwarding.
In a recent interview with the Africa-China Centre for Policy and Advisory, under their Sino-African Voices, Ndiare made these revelations following his extensive tracking of China’ development of the logistics industry.
“Africa can benefit from the experienced and deep R&D that China has already developed in its tech-enabled logistic sector.”He said
“Due to the intense local competition, China is one of the world’s champions in reducing transport costs and delays.”
He equally mentioned some of the already positive development in the logistics industry between Africa and China.
“Africa is aiming to develop this sector, and its cheap labor combined with its growing connectivity will set the foundation for future M&A between Chinese Logistics companies and Africa’s E-Logistics start-ups.”
“Jumia is seeking cooperation with China and has a partnership with a Chinese logistics company. Ali Baba Group is settling in Rwanda and has launched an air cargo route between Hong Kong and Lagos. In fact, in the future, we shouldn’t be surprised to see end-to-end integrated Chinese logistics companies established in Africa.”
Source: Africa-China Centre for Policy & Advisory