- DHL sees excellent opportunities to increase its investments in Nigeria and other Sub-Saharan Africa (SSA) countries.
- Chief Executive Officer, Deutsche Post DHL Group, Frank Appel, who visited Nigeria and South Africa to highlight the group’s focus on the emerging markets, especially in the SSA region, said Nigeria’s growing gross domestic product and diversifying markets are indicators of the growing potential of the market and possible future contribution to the group’s revenue
- He said the global company would continue to significantly invest in Africa, just as he disclosed that DHL Express, which operates across 51 countries and territories in the region, has a planned investment in excess of £17 million in 2015. Major projects underway include upgrades to facilities and shipment handling systems throughout the region.
- Furthermore, he said in October 2014, DHL had announced investments totalling £30.5 million in South Africa, by both its Supply Chain (€14.5 million investment) and Global Forwarding divisions (£16 million investment)
“DHL already has a strong footprint in Africa, but we see some excellent opportunities to further increase our presence in the Sub-Saharan region. South Africa’s exceptional geographic location as the gateway to Africa, and Nigeria’s growing gross domestic product (GDP) and diversifying markets are only two of the many important indicators for this.”