Africa’s intracontinental trade has nearly doubled since 1995 with Transnet handling 13,000 containers and 620,000 tonnes of freight a day, but the increasing volume of freight is causing transport and logistical problems which are slowing down traffic. Predix will digitalise processes such as payments, customs and inspection.
“The solution will be key in optimising freight efficiency and bringing products to market faster and for less cost across the continent,” says Transnet’s Group CEO, Mr Siyabonga Gama.
“The Industrial Internet is transforming how we operate and our ability to deliver greater productivity for GE and our customers,” says GE’s chairman and CEO Mr Jeff Immelt. “The digital partnership we’re embarking on with Transnet will not only improve Africa’s transport sector but unlock enormous opportunity for the supply chain fueling Africa’s economy.”