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Bolloré Transport and Logistics opens new subsidiary in Ethiopia

Posted 10 March 2020 · Add Comment

The new subsidiary was created as part of a joint venture between Bolloré Transport & Logistics and the Ethiopian company CLS Logistics. It is set to offer Ethiopia a wider world of capabilities and solutions to support industry, business growth, and to power greater development in regional logistics.

With its 120 Ethiopian employees, Bolloré Transport & Logistics Ethiopia has an air-freight operations site at Addis Ababa Bole airport, 4,000 m2 of warehouses in Kaliti and agencies in the industrial parks of Hawassa, Bole Lemi and Kombolcha, as well as representation offices in the towns of Dire Dawa, Mekele, Bahir Dar and Moyale.

“We have been the exclusive agent of Bolloré Transport & Logistics in Ethiopia since 2008 and through this partnership we have successfully completed a number of projects. The joint venture will enable us to provide local industry with more infrastructure, technologies and equipment,” said Teodros Abraham, Founder and CEO of CLS Logistics, who has been appointed as Chairman of the Board of Directors of Bolloré Transport & Logistics Ethiopia.

“Bolloré Transport & Logistics shares a common vision with Ethiopia. The logistics sector, a pillar of industrial development, needs to be improved. With this new agency, the company is boosting its presence in East Africa while contributing to the logistics transformation in Ethiopia,” said Patrick Gerenthon, Director of the Horn of Africa Cluster at Bolloré Transport & Logistics.

 

 
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