DP World deepens Nigerian trade with TGI Logistics partnership
DP World is expanding its Nigerian trade and logistics footprint, with Tropical General Investments (TGI) Group set to acquire a 43 per cent stake in its Nigerian logistics business, days after the global ports operator signed agreements for a $7 billion-plus deep-sea port and special economic zone in Ogun State.“By combining DP World’s global expertise with TGI Group’s deep market knowledge and extensive distribution network, we are building resilient supply chains that will unlock growth, strengthen regional connectivity and support economic prosperity for generations to come,” Gumel said.
The transaction brings together DP World’s global logistics and supply-chain expertise with TGI’s extensive Nigerian market knowledge, distribution network and operational experience.
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