Trade & Logistics in Africa: Global Supply Chain Disruption in the time of Covid-19

Logistics plays the crucial role in ensuring trade in Africa can go ahead both within the continent and with the rest of the world. As African economies grow, the demand for reliable and efficient ways of transporting goods between businesses and consumers will further increase. Currently, it is well known that logistics infrastructure in Africa lags behind that of the rest of the world: existing port facilities are not developed enough to handle existing requirements and the cost of transportation is exorbitant - often accounts for 50-75% of the cost of the goods themselves, which is around 2-3 times higher than in more developed countries. As African economies continue to grow, so will the logistics sector as it responds to demand for the effective and reliable transportation of goods. Ultimately, this will benefit consumers; providing new jobs and cheaper goods by lowering costs. Thank you to our moderator, Sanjeev Gupta, Executive Director, Africa Finance Corporation and to our panellists, Gagan Gupta, Managing Director & CEO, Infrastructure & Logistics, Olam International, Peeyush Garg, Chairman & Founder, Daraju Industries and Geoffrey White, Chief Executive Officer, Agility Africa.