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.


 

“Logistics is key to support Africa’s fast economic growth and industrialization drive. Ethiopian has, therefore, partnered with DHL who has a proven expertise and experience in the logistics sector, with a view to avail the right logistics solutions in terms of cost, time and quality. We have had a longstanding and mutually rewarding partnership with DHL, and with this JV we aim to make the country a logistics hub for Africa,” said Tewolde GebreMariam, Group CEO, Ethiopian Airlines Group.

 

The joint venture is another step in an extended partnership between DHL Global Forwarding and Ethiopian Airlines. Since 2010, DHL Global Forwarding has been supporting the maintenance, repair, and overhaul (MRO) operations of Ethiopian Airlines’ commercial segment, extending various solutions on end-to-end Logistics Services for aircraft parts, engines and mechanical modules to textile, utensils, food and beverages – via air and ocean freight between Europe and Asia. The joint venture will provide much-needed freight capacity and logistics infrastructure to Africa, where soaring economic growth has rapidly driven up demand for international forwarding and handling services.