CFR on a growth path

CFR Freight has introduced new

services into Zambia as part of

its overall strategy to launch

additional options to landlocked

countries on the African continent.

“Road services, specifically to

Zambia, have taken off very well

and our volumes are growing in

line with this,” managing director

of CFR Freight, Martin Keck, told

FTWO.

He commented that CFR Freight

was adding more

destinations in

West Africa

and possibly

Egypt and

that it

expected

to see even more future growth

in Kenya, Tanzania, Ghana and

Zambia.

“We are also seeing smoother

processes on the road services –

which is encouraging in terms of

growth opportunities,” said Keck,

adding that there were still frequent

delays at borders. Other challenges

to trade growth in Africa include

monetary issues, particularly in

Angola.

According to Keck, seafreight

volumes to east and west Africa

have grown “substantially” and the

company has added frequencies to

Kenya and Ghana.

“We continually monitor volumes

on trade routes on which we do

not currently offer direct services

in an effort to gauge demand and

introduce new services when they

become viable,” he said.

INSERT & CAPTION

Road services, specifically

to Zambia, have taken off

very well.

– Martin Keck