FROM MAGAZINE - Kenya Setting its pace in the logistics raceKenya’s growing importance as a global hub for trade explains why the nation has been experiencing the fastest rise in foreign direct investment in the continent. “The national government in conjunction with my office is working towards ensuring Nairobi becomes a logistics hub for both imports and exports,” he announced. Recently, the world’s third largest logistics company, Japan’s Nippon Express, launched a subsidiary office in Kenya. Meanwhile, DOB Equity, a leading Dutch family office, is investing up to $4 million in Africa Logistics Properties Holding (ALP), a developer and manager of modern grade-A warehousing. As the leading freight forwarding player in Kenya, Bolloré Logistics provided the inaugural commercial consignment of 52 containers transported on the SGR.

Source: The North Africa Journal March 24, 2018 06:11 UTC