DHL Global Forwarding, Ethiopia Air Sign JV Deal

DHL Global Forwarding, the leading international provider of air, sea and road freight services and Ethiopian Airlines, the largest aviation group in Africa, today signed a new agreement to form a joint venture company; DHL/Ethiopian Airlines Logistics Services Ltd. The essence of the agreement is to build the leading cargo logistics provider JV company in Africa. The company according to Ethiopian Airlines will be based in Ethiopia and will do business in the entire continent of Africa, enhancing Ethiopia’s logistics infrastructure and connections. Ethiopian Airlines, which assumes a majority stake…

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