Africa could soon be the largest free-trade area in the world. This is if the African Union’s Continental Free Trade Area (CTFA) stays on track to be operational by the end of this year. Once up and running, the continent-wide free trade zone could lead to a 52 percent ($35
Transportation
Shanghai’s Subway Looks to New York, but Not for Everything
SHANGHAI — New York commuters suffer regular delays. Aging tracks at Penn Station are being rebuilt after a series of derailments. The entire subway system is operating under a state of emergency. Halfway around the world, China is rushing to build new subway systems. Here in Shanghai, three new lines are being extended
How Mobike, A Chinese bike sharing operator is going global
Chinese startups want to export their bike-sharing revolution all around the world. The companies are rolling into the U.K., the U.S. and beyond, aiming to disrupt existing programs with their fleets of colourful bikes that don't need docking stations. One of China's largest operators, Mobike, unleashed 1,000 of its orange-wheeled bicycles in
Port Operator, APMT, denies responsiblity for Apapa Traffic gridlock
THE Management of APM Terminals has said that it is not responsible for controlling traffic in Apapa and hence cannot be held liable for the gridlock in the area. The company said that like other stakeholders, it was a victim of the menacing Apapa gridlock. Speaking on Wednesday against the background
Nigeria, Minister for Transport Sacks Train Station Manager, Ticket Seller
Nigerian, Minister for Transportation, Mr. Rotimi Amaechi has ordered the removal of Station Managers, Ticket Sellers and Porters at Idu and Rigasa train station.The affected people are allegedly responsible for extorting money from passengers in Business Class. Passengers have in the last six weeks complained of extortion by Porters whose role
2018 Ford F-150 boasts best-in-class towing rating, improved fuel economy
Y! News - The Ford F-Series has been the best-selling vehicle line in the United States for decades, and Ford isn't ready to give that crown up anytime soon. Instead, it has doubled down on technology to boast best-in-class towing and payload ratings, and fuel-economy figures for the 2018 Ford F-150. The
Uber investor sues ousted CEO Travis Kalanick alleging fraud
....Benchmark Capital is accusing Travis Kalanick of scheming to regain power by trying to pack the board, which the ex-CEO says is a lie. Uber's former boss, Travis Kalanick, who was ousted following a revolt by major shareholders is being sued by one of its largest investors. Benchmark Capital, which owns
Lagos State Government to bring in 5,000 New Commercial Buses
Lagos State Governor, Mr. Akinwunmi Ambode on Thursday said that the first set of 5,000 brand new buses under the Bus Reform Initiative, a brain child of his administration, would be flagged off within the next six months. Mr. Ambode, speaking to students of Harvard Kennedy School of Government, United States
Logistics Solutions Are Becoming High Powered Commerce Platforms
Logistics solutions have long had logic for both improving a shipper’s transportation capabilities and for doing commerce. For example, a transportation management system (TMS) optimises routing but also allows shippers to tender out to carriers in their route guide and then ensure the amount paid to the carriers is accurate. In
Road Traffic Offenders in Lagos to Pay Fine Electronically
Lagos state government is set to test run its electronic central billing system for road traffic offences. The electronic platform will make it possible to generate bills and fines on traffic offences online and deliver such to offenders either at homes or offices, as obtained in some advanced economies. The Lagos state