CEVA Logistics is continuing its Africa expansion with the purchase of Spedag Interfreight, an international freight forwarding expert covering several nations in East Africa, reports AJOT.
CEVA purchased the entity from the M+R Spedag Group, a transport and logistics company headquartered in Switzerland.
Spedag Interfreight is a logistics provider in East Africa with industry teams leading in relevant market verticals, including energy and infrastructure, aid and relief, oil and gas, and commodities.
CEVA Logistics remains committed to a ""think global, act local"" growth strategy and is present in 44 countries in Africa.
Meanwhile, a recent expansion and modernisation project at the port of Mombasa is expected to move 1.7 million TEU in 2023.
The Kenya Ports Authority expects the port to handle 47 million tonnes of cargo by 2032, a 57 per cent increase from current levels.
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