According to a recent Briter Bridges survey of logistics tech companies across the continent, three trends will shape the future of logistics in African markets:
- Closing the urban-rural divide,
- The digitization of logistics, in which Zest logistics has invested in booking.zest-logistics.com
- The continued rise of B2B logistics companies.
Local entrepreneurs and multinationals alike have long lamented the broken nature of logistics and supply chains across the continent.
Although AfCFTA will bring some relief to companies doing business across the continent by slashing border tariffs, the continent’s $130-170 billion infrastructure gap remains a stubborn impediment to reducing logistics costs.
A sparse population and lack of adequate road infrastructure in rural areas leave a substantial portion of the population disconnected from supply chains. Closing this urban-rural divide is one of the next frontiers of African logistics.
The most innovative logistics companies in African markets are developing digital platforms to deliver efficient and cost-effective logistics capabilities.