Logistics Group Continues African Expansion with Two Joint Ventures - Latest industry shipping news from the Handy Shipping Guide
Logistics Group Continues African Expansion with Two Joint Ventures Firmer Relationship Assured with Existing Partners EGYPT – ETHIOPIA – Ceva Logistics says it is continuing its expansion programme in the African market with a pair of joint ventures, one in each country. In Egypt, the company has taken a majority stake in IBA Freight Services, its exclusive partner in the region for the past 20 years whilst In Ethiopia, Ceva Logistics has taken a minority stake in MACCFA, a long-standing freight forwarder headquartered in Addis Ababa. Both joint ventures are effective immediately and ...
Source: handyshippingguide.com