Firms establish joint venture to deepen Africa logistics connectivity

CEVA Logistics, a global leader in 3PL logistics, and EFL Africa have secured partnerships to strengthen their footprint in the continent and strengthen their presence in key global markets. In a statement, the firm formed a joint venture in Nigeria—CEVA EFL Limited aimed at reinforcing the roles of both players in the West African logistics […]

CEVA Logistics, a global leader in 3PL logistics, and EFL Africa have secured partnerships to strengthen their footprint in the continent and strengthen their presence in key global markets.

In a statement, the firm formed a joint venture in Nigeria—CEVA EFL Limited aimed at reinforcing the roles of both players in the West African logistics ecosystem. 

“CEVA EFL combines EFL’s strong local presence and operational excellence in Nigeria with CEVA Logistics’ extensive global network and end-to-end logistics capabilities.

“CEVA’s presence in over 170 countries ensures seamless connectivity between Nigeria, West Africa, and the rest of the world,” the statement said.

According to the statement, the joint venture will deliver integrated, customer-centric logistics solutions that meet the evolving needs of businesses in Nigeria and the surrounding region.

It will also offer a range of consolidated and fast-tracked services to customers in Nigeria, including dedicated barge operations.

It stressed that shipping containers can be moved from Lagos ports to Inland Container Depots (ICDs) using the JV’s barges, reducing dependence on road networks and significantly shortening transit times. 

“The joint venture’s comprehensive ICD infrastructure includes 140,000 square meters of ICD space in two locations, Ikorodu and Apapa, also enclosing an export processing terminal, EPT,” the statement added.

It stated that the joint venture will offer customs clearance services through its licensed, in-house team, ensuring efficient, reliable customs processing.

Sylvain Kluba1, Vice President of Finance IMEA at CEVA Logistics, described the joint venture as a bold step forward in our commitment to connecting Nigeria and West Africa to the world. 

“By combining CEVA’s global reach and logistics expertise with EFL’s deep local knowledge and infrastructure, the CEVA EFL joint venture is uniquely positioned to deliver seamless and reliable solutions to our customers.

“Together, we are creating a logistics ecosystem that drives growth and unlocks new opportunities in this high-potential market,” he said.  

Yemi Adunola, CEO of EFL, said the collaboration underscored the companies’ shared vision of transforming logistics in Nigeria and West Africa.

 

 

 

“By leveraging our combined strengths, we are not only addressing the challenges of this complex market but also creating value for our customers through efficient, integrated and customer-focused solutions. 

 

 

 

“CEVA EFL is a testament to our commitment to driving progress and fostering economic growth in the region,” he said.