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Japan’s Itocho partners with DP World to strengthen logistics and trade in sub-saharan Africa

Summary by Emirates24|7
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…

6 Articles

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»

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ugandanews.net broke the news in on Thursday, August 21, 2025.
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