DP World and TGI Group Join Forces to Boost Nigeria's Logistics
DP World and Nigeria-based Tropical General Investments (TGI) Group have formed a partnership aimed at strengthening logistics capabilities in Nigeria. This collaboration will leverage DP World’s global logistics expertise and TGI Group’s extensive distribution network to enhance trade and unlock growth opportunities across West Africa.
DP World Logistics Limited, the Nigerian entity of DP World, will maintain its existing services and operations while building additional capabilities. The partnership is expected to create a platform for expansion beyond Nigeria.
TGI Group will become a shareholder in DP World Logistics in Nigeria, subject to regulatory approval, with DP World remaining the majority shareholder. This partnership is seen as a significant step in reshaping trade and logistics in Africa, aiming to build resilient supply chains that foster economic prosperity for future generations.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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