COSCO
SITC
PACIFIC LINES
Tuesday, 22/07/2025, 11:00 (GMT +7)
35
COSCO Shipping Africa Partners with Smart Globe
Smart Globe Holdings officially ventures into the logistics sector through a strategic partnership with COSCO Shipping Africa, commencing operations at a new logistics hub on the Zambia-DRC border from August 1, 2025.
COSCO Pacific vessel (Photo: Wikimedia Commons/BriYYZ)
Hong Kong-based printing firm Smart Globe Holdings has completed the construction of a portion of warehousing facilities at its new logistics center in Zambia, while simultaneously signing a service agreement with COSCO Shipping Africa to formalize their strategic partnership.
The logistics hub is situated on land in Zambia acquired by the group's subsidiary, Tera Logistics, on January 3, 2025. Developed with warehousing facilities, the project is strategically positioned adjacent to the border between Zambia and the Democratic Republic of the Congo (DRC).
Service Agreement Details
The service agreement, signed on July 21 between another Smart Globe subsidiary, Tera Fleet, and COSCO Shipping Africa, will officially take effect on August 1, 2025.
Under the terms of the deal, Tera Fleet will be responsible for providing services including warehousing, storage, stock management, and container-related activities for COSCO.
Entry into Sub-Saharan Africa
For Smart Globe, this partnership represents a significant milestone in diversifying its revenue streams and establishing a local presence in Sub-Saharan Africa, marking its entry into the logistics sector.
The company also noted that the hub's location facilitates faster customs clearance and reduces transportation costs for cargo flows between Zimbabwe, Zambia, and the DRC.
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