FedEx buys South Africa's Supaswift as DHL eyes Africa's retail market

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The express operators seem to be making a beeline for Africa. FedEx has announced the completion of its acquisition of South Africa’s Supaswift, giving it access to networks across seven countries, including Botswana, Malawi, Namibia and Zambia. Meanwhile, DHL Express has said it is looking to the growing middle class in Africa  ≠ and the consequently increasing retail sector – for its growth. “The potential is huge” and it would “continue its aggressive expansion strategy”, it said. The global integrators ...