Having seen an increase in shipment volumes to and from the Southern African Development Community (SADC), global logistics major DHL International has invested nearly US$53 million in boosting its business operations in the region.
“Today emerging market revenues contribute over 20% to Deutsche Post DHL group’s revenues, but by 2020 the group expects this figure to climb to 30%,” Deutsche Post DHL group chief executive, Frank Appel, was quoted by online regional newspaper, The Southern Times, as saying.
He commented that the group would therefore continue to concentrate on organic growth by investing in “promising present and future markets”.
DHL already has a strong footprint in Africa, but we see some excellent opportunities to further increase our presence in the sub-Saharan region,” said Appel.
