October 26 - Agility has opened a distribution park near Ghana's Tema Port - the first in a network of logistics facilities it intends to build across Africa.
Alongside the 45 acre (18 ha) Ghanaian facility, Agility is also developing distribution parks in the Ivory Coast, Tanzania, Nigeria, Mozambique and Angola. It has additional sites available in Senegal, Mauritius and Cameroon.
"One of the biggest constraints to companies starting to do business in Africa is the lack of quality logistics and infrastructure," said Geoffrey White, ceo of Agility Africa. "This is inhibiting the growth of trade, imports, exports and manufacturing."
Agility says that its parks provide 24-hour security, reliable power and connectivity, and international-standard warehousing and logistics services.
The logistics provider is building seven more warehouses at the Ghanaian park in a second phase of development. The 2016 Agility Emerging Markets Logistics Index ranked Ghana as one of the most promising markets in Africa.
"Agility is investing in the future of Africa by funding and developing projects that build long-term sustainable businesses. The Ghana distribution park is just the first step," added White.
"By developing and leasing much-needed warehousing, the Agility distribution parks help companies operate in Africa with the reliable, modern and secure infrastructure they need to grow their business, allowing them to access new markets without committing large amounts of capital."