Japan’s Itocho partners with DP World to strengthen logistics and trade in sub-saharan Africa
6 Articles
6 Articles
Japan’s Itocho partners with DP World to strengthen logistics and trade in sub-saharan Africa
DP World has signed a memorandum of understanding (MoU) with ITOCHU Corporation, one of Japan’s largest trading companies, to expand logistics, supply chain infrastructure, and distribution capabilities in sub-Saharan Africa. The agreement was signed during the Tokyo International Conference on African Development (TICAD9) held in Yokohama, Japan, by Beat Simon, Group Chief Operating Officer, Logistics at DP World and senior executives from ITOC…
DP World, an emirati group active in the maritime sector, announced, in the first half of 2025, a turnover increase of 20,4 % to 11,24 billion USD. Adjusted EBITDA increased by 21,4 % over one year to 3,03 billion USD, while the net profit more than doubled, reaching 532 million USD. For its part, containerized traffic reached 45,4 million TEUs, up 6,7 %, carried by Europe, the Middle East & Africa and the Americas. Read more»
DP World, Itochu to Boost Africa Logistics
Agreement focuses on connectivity, fleet and supply chain optimization, and distribution of commodities and food products, with support for Japanese firms entering African markets. Strategic MoU for sub-Saharan growth DP World (site) has signed a memorandum of understanding with Japan’s ITOCHU Corporation (site) to enhance logistics, supply chain infrastructure, and distribution capabilities across sub-Saharan Africa. Both companies will explore…
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