Ethiopian & DHL Global Forwarding partners up

The leading for leading international provider of air, sea and road freight services, DHL Global Forwarding will be collaborating with the largest aviation group in Africa, Ethiopian Airlines. The two companies have signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa. This joint venture will be based in Ethiopia, and businesses will include the entire continent of Africa. Thus, enhancing Ethiopia’s logistics infrastructure and connections.


 

The leading for leading international provider of air, sea and road freight services, DHL Global Forwarding will be collaborating with the largest aviation group in Africa, Ethiopian Airlines. The two companies have signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa. This joint venture will be based in Ethiopia, and businesses will include the entire continent of Africa. Thus, enhancing Ethiopia’s logistics infrastructure and connections.

 

Ethiopian Airlines, which assumes a majority stake in this joint venture, will provide regulatory and operational support as DHL Global Forwarding establishes air, ocean, and road freight connections between Ethiopia’s main trade hubs and the rest of the world. Pramod Bagalwadi, a DHL veteran with over two decades of experience in management roles within the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Pramod, who currently leads the Industrial Projects Team for DHL in Sub-Saharan Africa and a strategic business partner for the company in the region.

 

“With its GDP growth, Africa is stepping into the spotlight as production hub. Recent moves to open up the economy will continue to boost Ethiopia’s position as the fastest-growing economy in Africa, and under Pramod’s leadership, the company will be able to provide a scalable and durable logistics infrastructure to safely handle the sensitive needs of its core industries”, said Amadou Diallo, CEO, DHL Global Forwarding Middle East and Africa.