DHL invests 47 million Euro in Sub-Saharan Africa

DHL Ceo facility tour 2JOHANNESBURG, (CAJ News) DHL, the global logistics firm, has announced an investment of EUR 17 million in Sub-Saharan Africa in the current year.

The announcement follows the visit to the continent by Frank Appel, Chief Executive Officer of Deutsche Post DHL Group.

He visited Nigeria and South Africa to demonstrate the overall importance of emerging markets in the Group’s Strategy 2020: Focus.Connect.Grow and in specific the encouraging development of Sub-Saharan Africa.

During his stay in South Africa and Nigeria, Frank Appel met employees and customers, and visited several logistics facilities.

He affirmed the Group’s focus on emerging markets, pointing out emerging market revenues contributed over 20 percent to Deutsche Post DHL Group’s revenues but by 2020 the Group expects this figure to climb to 30 percent.

Therefore, we will continue to concentrate on organic growth by investing into promising present and future markets,” said Appel.

He pointed out DHL already has a strong footprint in Africa.

But we see some excellent opportunities to further increase our presence
in the Sub-Saharan region. South Africa’s exceptional geographic location as the gateway to Africa, and Nigeria’s growing gross domestic product (GDP) and diversifying markets are only two of the many important indicators for this.

Major projects underway include upgrades to facilities and shipment
handling systems throughout the region.

In October 2014, DHL already announced investments totaling EUR 30,5
million in South Africa, by both its Supply Chain (EUR 14.5 million
investment) and Global Forwarding divisions (EUR 16 million investment).

– CAJ News

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