News / DHL the first global forwarder to establish a footprint in Ethiopia

Photo: Ktree

DHL Global Forwarding (DGF) claims to have become the first multinational forwarder to establish a presence in Ethiopia, following a joint venture agreement with Ethiopian Airlines.

The move marks what could be the start of increasing foreign investment in the country after attempts to reform the economy by the new prime minster.

Yesterday, the two companies agreed to set up DHL-Ethiopia Airlines Logistics Services, to be based in Ethiopia, but serve the whole continent.

The airline will take a majority stake and provide local knowledge in the ...