Tag: DP World

DP World and Woolworths introduce Africa’s first axle-powered refrigeration trailer

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DP World has partnered with Woolworths to launch the first refrigeration trailer featuring revolutionary AxlePower technology in Africa. This is a groundbreaking development in sustainability for the transportation industry on the continent. AxlePower is an advanced system that transforms ordinary road transport trailers into a source of clean and efficient electricity. Through a specially adapted axle, kinetic energy is converted into electricity, powering the refrigeration unit. This innovative technology offers tractor-independent, 100% electric cooling for trailers, using free and sustainable power that results in zero trailer carbon emissions. Developed in…

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DP WORLD AND STANDARD BANK PARTNER TO EXPAND TRADE FINANCE IN AFRICA

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“ Africa is a key market for us, with this partnership complementing our ongoing investment and development across the continent. Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World „ The continent’s largest bank becomes the first African bank to partner with DP World Trade Finance   Standard Bank, the largest bank in Africa by assets, has partnered with DP World, a global leader in supply chain solutions, to offer trade finance solutions jointly with DP World Trade Finance. This partnership will help in closing the…

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DP World launches Berbera economic zone in Somaliland

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Following its investment in the Port of Berbera, DP World is now launching the Berbera Economic Zone to create an integrated maritime, logistics, and industrial platform to serve the Horn of Africa and Ethiopian markets. The Port of Berbera is the most modern container terminal in the horn of Africa with extensive bulk and breakbulk handling facilities as well as liquid cargo handling capability. On the other hand, the Berbera Economic Zone, modelled on our flagship Jebel Ali Free Zone in Dubai, aims to offer a similar business environment that…

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The emerging markets e-commerce opportunity

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Author: Mike Bhaskaran, Group COO of Digital Technology at DP World Online retail has boomed in the last two years, triggered by the pandemic which drove consumers to buy their goods on the internet. While this presented a major challenge for bricks-and-mortar retailers, it created a lucrative opportunity for online vendors and e-commerce platforms. Meta most recently jumped on this trend, partnering with JioMart to improve consumer access to food and goods in India – allowing them to make purchases within WhatsApp, a platform used by over 100 million users…

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DP World’s Imperial obtains approval for acquisition of 100% stake in Africa-based J&J Group

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Dubai, UAE,19 July 2022 This acquisition strengthens DP World’s position in Africa as an end-to-end logistics provider, by adding J&J’s significant presence along these key corridors in Africa.  Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World Imperial, owned by DP World, announced today that all the requirements relating to its 100% acquisition of the J&J Group have now been fulfilled. The transaction relating to the acquisition of the first tranche of shares (51%) of the J&J Group, which was announced on 29 July 2021, was closed on 18 July…

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Dubuy.com the e-commerce platform of DP World expands Africa presence with launches in Ghana and Zambia

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DP World today announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in both Ghana and Zambia. The latest roll-out of the wholesale marketplace opens access to global supply chains for even more African businesses. Dubuy.com provides advanced technology and secure transactions for wholesale traders, connecting them safely and efficiently to international markets. These digital tools are underpinned by DP World’s robust physical infrastructure across Africa, such as the port at Maputo and its connections with East and South Africa. On the West Coast, DP World…

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IMPERIAL ACQUIRES CONTROLLING STAKE IN ‘AFRICA FMCG DISTRIBUTION LTD’ IN NIGERIA

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Imperial, owned by DP World, has announced its Market Access business has completed the strategic acquisition of a controlling stake in Africa FMCG Distribution Ltd (AFMCG), which is part of the Chanrai Group of Companies. AFMCG is a multi-faceted business, distributing products that positively impact the lives of consumers in Africa every day. The business offers a nationwide and best-in-class route-to-market solution across multiple channels in Nigeria. Its services also extend to co-manufacturing, co-packing, sourcing and value-added services in the fast-moving consumer goods (FMCG) sector. Representing some of the world’s…

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