Three Ethiopian companies have been granted licenses to offer multimodal transport services, marking a significant step towards a more robust logistics sector in the country. The Minister of Transport and Logistics, Dr. Alemu Sime, presented the qualification certificates to Panafric Global, Tikur Abay, and Cosmos Multi Modal Share Company. It is to be recalled that the Ethiopian Maritime Authority (EMA) rejected bids from seven logistics firms for multimodal operating licenses in 2023, including Tikur Abay. He highlighted the development of guidelines specifically designed to enable private entities to participate in the logistics sector. These guidelines have now paved the way for issuing licenses to qualified private transport companies.

Source: Ethiopian News March 14, 2024 10:07 UTC