CEVA Logistics enters into new joint ventures in Egypt and Ethiopia
22:27
Leading global logistics operator, CEVA Logistics, continues its expansion in Africa and strengthens its presence in two more countries. In Egypt, the operator has acquired a majority stake in IBA Freight Services, its sole partner for 20 years. In Ethiopia, CEVA Logistics acquired a minority stake in MACCFA, an experienced shipping company headquartered in Addis Ababa.
The new joint venture has reinforced CEVA Logistics' drive to become a leading player across the continent…
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