Trading Gateways

DP World’s Imperial Logistics considers Egypt, Angola acquisitions

By David Whitehouse

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Posted on August 16, 2022 04:00

Terminal tractors line up to offload their containers into a cargo ship at DP World’s fully automated Terminal 2 at Jebel Ali Port in Dubai
DP World terminal at Jebel Ali Port in Dubai, United Arab Emirates. REUTERS/ Hamad I Mohammed

Imperial Logistics, which is owned by DP World, is considering acquisitions as a way to enter new markets including Egypt and Angola, CEO Edwin Hewitt tells The Africa Report.

The company may be involved in “some kind of acquisitive growth” in the two countries, Hewitt says. Imperial Logistics became a wholly owned business of DP World in March. “The work has started” in terms of defining a strategy for Imperial’s growth, Hewitt says, without giving a timeline for new market entry.

DP World operates nine ports and terminals in eight African countries, Algeria, Angola, Egypt, Mozambique, Rwanda, Senegal, Somaliland and South Africa. Hewitt aims to leverage that network to expand the range of corridors in which Imperial offers logistics solutions.

About 90% of all goods moving in and out of Africa pass through a port and  a land trade corridor, Hewitt says. He predicts that Africa’s corridors will grow by an average of 8% a year in terms of value transported. That means an opportunity to create a “formidable joint force” with DP World.

Egypt is overhauling its

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