Global logistics and transportation firms have expanded operations in Africa despite infrastructure challenges — or because of them — in a sector that holds huge potential and opportunities for investors, according to a guest column in AfricaTimes by entrepreneur and legal consultant Erukilede Julius.
The shipping numbers speak to the positive outlook for Africa’s logistics business, said Charles Brewer, managing director of DHL Express Sub-Saharan Africa, a leading logistics company. In light of the economic pressure Europe is experiencing, DHL’s dependency on Europe has been reduced, while Intra-Africa trade has picked up significantly, Brewer said.
E-commerce has helped to grow African logistics business. More Africans are buying online rather than at physical shops. The size of the outsourced logistics market in Africa has grown by 38.4 percent in the last four years.