Partnership seeks to strengthen Nigerian logistics
Supporting trade growth across West Africa
NIGERIA: DP World and Nigeria-based Tropical General Investments (TGI) Group have joined forces to strengthen logistics capabilities in Nigeria, leveraging their combined expertise to support trade and unlock future growth across West Africa.
DP World's Nigeria entity, DP World Logistics Limited, will continue to serve its customers and partners without interruption, maintaining existing services, operations and customer commitments as it builds additional capabilities. The company has a substantial footprint in Nigeria, particularly in market access across the healthcare and consumer sectors, alongside a growing logistics presence.
Combining DP World’s global logistics and supply chain expertise with TGI Group's strong market presence, extensive distribution network and operational experience, the business will be able to deliver a broader range of integrated supply chain solutions. While initially focused on Nigeria, the collaboration also creates a platform for expansion across West Africa.
Through DP World Logistics Limited, the business will continue to provide services across Nigeria, including road freight and contract logistics, while enhancing these capabilities and exploring new offerings, including fourth-party logistics (4PL) solutions. It will also help connect Nigerian businesses to regional and global markets through the group's wider network.
DP World will also provide logistics and operational support services to TGI Group, helping improve supply chain efficiency and optimise operations.
Mohammed Akoojee, Chief Executive Officer and Managing Director, DP World Africa, said: “Nigeria is one of Africa’s most important economies and a critical market for the future of trade on the continent. This partnership marks another important step in our journey and we look forward to welcoming TGI into the DP World family. As part of this agreement, and subject to the requisite regulatory approval, TGI will become a shareholder in our DP World Logistics business in Nigeria, with DP World remaining the majority shareholder. Together, we will strengthen supply chains, improve the movement of goods and unlock new opportunities for growth in Nigeria and beyond”.
Farouk Gumel, Vice Chairman of TGI Group, said: “This partnership reflects our shared ambition to reshape the future of trade and logistics in Africa. By combining DP World's global expertise with TGI Group's deep market knowledge and extensive distribution network, we are building resilient supply chains that will unlock growth, strengthen regional connectivity and support economic prosperity for generations to come.”
29