2015 to be year of growth for logistics industry in Africa, says DHL report

Africa: In line with sub-Saharan Africa’s (SSA) projected economic growth of 4.9 per cent this year — which is double the projection for advanced economies (at 2.4 per cent) — DHL expects 2015 to be the year of growth for the logistics industry on the continent. The global logistics firm pegs this on growing consumer demand and a rapidly developing e-Commerce industry.

Charles Brewer, the managing Director of DHL Express SSA (pictured), made the projection during the release of Deutsche Post DHL (DPDHL) Group’s full-year results last week. The firm closed 2014 with revenues of 56.6 billion euro (Sh5.7 trillion), up 3.1 per cent from the previous year.