Welcome to your weekly supply chain digest, where we break down the latest trends affecting businesses in Nigeria and across Africa. Brought to you by XNECT HUB – Your source for market and supply chain intelligence. We’re here to keep you informed, without the jargon. Let’s dive into the highlights for the week ending September 22nd, 2023.
Ranking the Impact: Green Zone, Yellow Zone, and Red Zone
We understand that navigating the complex world of supply chains can be challenging. To make things easier, we’ve categorized the latest news and data into three zones based on their potential impact. This ranking will help you better understand which trends may have a significant effect on your business and which ones are less likely to disrupt your operations.
No.1 – In the Green Zone (Least Impact)
In this zone, we explore trends with the least impact on supply chains. They’re noteworthy but won’t shake things up significantly or affect the smooth functioning of supply chains.
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New Numbering Scheme for Fixed Telephone Lines
Sector(s) Affected: Telecommunications, Business
The Nigerian Communications Commission introduced a new numbering scheme for fixed telephone lines. While vital for businesses, this change may have the least impact on supply chains, primarily affecting telecommunications infrastructure. (Learn More)
Number 2: The Yellow Zone (Moderate Impact)
Moving into the Yellow zone, we highlight economic indicators and industry trends that have a moderate impact on supply chains. These factors may cause some disruptions or challenges but are not severely detrimental to overall supply chain operations.
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Leatherback Mobile App Launch
Sector(s) Affected: Financial Services, Remittances
Leatherback’s cross-border payment app launch may moderately impact financial supply chains by simplifying cross-border transactions, benefiting students, workers, and businesses across Africa. (Learn More)
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ANKA Pre-Series A Funding
Sector(s) Affected: Financial Services, Remittances
Leatherback’s cross-border payment app launch may moderately impact financial supply chains by simplifying cross-border transactions, benefiting students, workers, and businesses across Africa. (Learn More)
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5G Network Subscriptions in Nigeria
Sector(s) Affected: Telecommunications, Technology
Nigeria’s growing 5G adoption may moderately impact supply chains by improving connectivity and data transfer, enhancing supply chain management and communication. (Learn More)
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Naira Depreciation
Sector(s) Affected: Foreign Exchange, Imports
Naira depreciation may moderately impact supply chains, especially for businesses involved in international trade, affecting the cost and availability of imported goods. (Learn More)
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Nigeria Food Systems Dashboard
Sector(s) Affected: Agriculture, Government Policies
Nigeria’s sub-national Food Systems Dashboard launch may have a moderate impact on agriculture supply chains by guiding policymakers and businesses in informed decisions related to food systems. (Learn More)
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Adopting Technology in Nigeria’s Port Operations
Sector(s) Affected: Maritime, Logistics
The increased adoption of technology in Nigeria’s port operations could moderately impact supply chains by improving efficiency and collaboration in managing the flow of goods, benefiting logistics and supply chain operations. (Learn More)
Number 3: Red Zone (Severe Impact)
And now to the red hot where we highlight economic indicators and industry trends that have a severe impact on supply chains. These are factors that can cause significant disruptions, delays, or challenges in supply chain activities and require immediate attention and mitigation efforts.
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Al Mada and CNGR EV Battery Manufacturing
Sector(s) Affected: Automotive, Battery Manufacturing
A partnership between Al Mada and CNGR aims to establish an EV battery base in Morocco. This could severely impact supply chains, especially in automotive and battery manufacturing, due to increased availability of battery components for electric vehicles. (Learn More)
In conclusion, staying informed about supply chain trends in Africa is crucial for businesses to adapt and thrive in this dynamic environment. Whether your operations are in the green, yellow, or red zone, understanding these trends allows you to make informed decisions and implement strategies to mitigate potential disruptions or capitalize on new opportunities. Keep an eye on these developments as we continue to provide you with weekly updates on the ever-evolving African supply chain landscape.
