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DP World and TGI Group partner to expand Nigerian logistics
DP World and Nigeria-based Tropical General Investments (TGI) Group have announced a partnership to enhance logistics capabilities in Nigeria. The collaboration aims to combine DP World’s global supply chain expertise with TGI Group’s local market presence and distribution networks to support trade growth.
Subject to regulatory approval, TGI Group is expected to become a shareholder in DP World Logistics Limited, while DP World will retain majority ownership. The partnership will focus on delivering integrated supply chain solutions, including road freight, contract logistics, and fourth-party logistics (4PL) services. The initiative also aims to improve supply chain efficiency for TGI Group through DP World’s operational support.
While the initial focus is on Nigeria, the partnership is intended to serve as a platform for potential expansion across West Africa. Mohammed Akoojee, CEO of DP World Africa, noted that Nigeria is a critical market for the future of continental trade, while TGI Group Vice Chairman Farouk Gumel stated the agreement aims to build resilient supply chains to support economic prosperity.
Entities
DP World · DP World Logistics Limited · Farouk Gumel · Mohammed Akoojee · TGI Group