Electric vehicles (EVs) represent a significant and rapidly growing segment of the private transportation market. By the end of 2020, there were already 10 million electric cars on the world’s roads, following a decade of impressive expansion. Despite the global downturn in car sales caused by the pandemic, electric car registrations increased by 41% in...
The transportation sector in many low and middle-income countries is witnessing rapid growth in two and three wheelers. While Asia currently dominates the global motorcycle fleet, African countries are experiencing some of the highest growth rates for motorcycles worldwide. Presently, there are approximately 270 million motorcycles on the roads, with annual motorcycle sales reaching around...
The motorbike industry in Kenya has experienced significant growth and transformation in recent years. Motorcycles have gained popularity as a means of transportation for both goods and people, primarily due to their ability to navigate through traffic congestion and reach destinations quickly. This trend is particularly evident in urban areas where traffic congestion is a...
Africa has developed a 2050 Marine Integrated Strategy, which serves as a road map for addressing Africa’s maritime challenges for long-term development and competitiveness. The strategy seeks to increase wealth creation from Africa’s oceans, seas, and inland waterways; by developing a thriving maritime economy and fully realizing the potential of marine-based activities in an environmentally...
The better a country’s air connectivity and development is, the greater its ability to reap the economic and social benefits that come with such connectivity. Air connectivity in Africa is currently focused on international routes, primarily to Europe and the Middle East; whereas intra-Africa connectivity is much more limited. African aviation exploded in the early...
Economic expansion in any region is always preceded by an increase in market activity in terms of both private consumption and product output. Economic development and a rise in movement of goods and people have a direct link that leads to an increase in demand for expanded transportation infrastructure. Gradually Africa is transitioning from the colonial...