Ceva adds to African network

CEVA Logistics has signed two joint ventures in the African market. In Egypt, it has taken a majority stake in IBA Freight Services, its exclusive partner for the past 20 years and, in a minority stake in Addis Ababa- headquartered MACCFA. The latest ventures follow CEVA Logistics’ acquisition of a majority stake in AMI Worldwide in the summer of 2020 which added an additional 12 countries to the company’s African network.Headquartered ... [+]

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