CEVA, EFL seal JV deal to boost cargo logistics in Nigeria, West Africa

CEVA Logistics

CEVA Logistics and EFL Africa have entered into a joint venture in Nigeria- CEVA EFL Limited- to deliver integrated, customer-centric logistics solutions in the maritime sector that meet the evolving needs of businesses in Nigeria and the surrounding region.

CEVA EFL Limited combines EFL’s strong local presence and operational excellence in Nigeria with CEVA Logistics’ extensive global network in over 170 countries and end-to-end logistics capabilities to ensure seamless connectivity between Nigeria, West Africa, and the rest of the world.

The joint venture will offer a range of consolidated and fast-tracked services to customers, including dedicated barge operations.

Also, shipping containers can be moved from Lagos ports to Inland Container Depots (ICDs) using the JV’s barges, reducing dependence on road networks and significantly shortening transit times.

According to both firms, the joint venture’s comprehensive ICD infrastructure includes 140,000 square metres of ICD space in two locations, Ikorodu and Apapa, also enclosing an export processing terminal.

In addition, the joint venture offers customs clearance services through its licensed, in-house team, ensuring efficient, reliable customs processing.

“The joint venture between EFL and CEVA Logistics is driving significant value for Nigeria by bringing a global logistics leader into the market, fostering knowledge transfer to local employees, and empowering EFL to accelerate its growth and strengthen its presence in the region,” both firms stated.

Vice President of Finance IMEA at CEVA Logistics, Sylvain Kluba, said the joint venture represents a bold step forward in the firm’s commitment to connecting Nigeria and West Africa to the world.

Kluba said by combining CEVA’s global reach and logistics expertise with EFL’s deep local knowledge and infrastructure, the joint venture is uniquely positioned to deliver seamless and reliable solutions to customers.

“Together, we are creating a logistics ecosystem that drives growth and unlocks new opportunities in this high-potential market,” Kluba said.

Chief Executive Officer of EFL, Yemi Adunola, expressed delighted on the launch of the partne, adding that this collaboration underscores their shared vision of transforming logistics in Nigeria and West Africa.

According to Adunola, by leveraging both firms combined strengths, they will be addressing the challenges of this complex market and also creating value for customers through efficient, integrated and customer-focused solutions.

“CEVA EFL is a testament to our commitment to driving progress and fostering economic growth in the region,” Adunola added.

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