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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