CEVA Logistics strengthens African presence through JVs in Egypt, EthiopiaByDecember 15, 2020: CEVA Logistics continues to expand its presence in the African market with the strengthening of its presence in two countries through two joint ventures. In Egypt, the company has taken a majority stake in IBA Freight Services, its exclusive partner for the past 20 years. CEVA Logistics' managing director Turkey, India, Middle East and Africa, Bruno Plantaz, said, "Our strategic, continent-wide expansion plan continues to gather pace. MACCFA operates from six offices and customs locations across Ethiopia offering a full range of logistics services. Furthermore, MACCFA has a long-standing working relationship with CEVA Logistics' parent company, the CMA CGM Group.

Source: The North Africa Journal December 15, 2020 11:15 UTC