CEVA Logistics and EFL Africa Strengthen Market Position with Joint Venture in Nigeria
CEVA Logistics, a prominent player in third-party logistics, and EFL Africa, a leading logistics provider in Nigeria, have announced the establishment of a joint venture named CEVA EFL Limited. This partnership, revealed today, aims to enhance both companies’ presence in Nigeria and expand their reach into key global markets.
Strategic Importance of the Joint Venture
Nigeria is recognized as one of the largest and most dynamic logistics markets globally, serving as a critical gateway to West Africa. The formation of CEVA EFL Limited is expected to solidify the positions of both CEVA Logistics and EFL within Nigeria’s logistics ecosystem. This joint venture combines EFL’s robust local expertise with CEVA Logistics’ extensive global network, facilitating seamless connectivity between Nigeria, West Africa, and international markets.
CEVA Logistics operates in over 170 countries, providing end-to-end logistics solutions tailored to meet the diverse needs of businesses. The collaboration aims to deliver integrated logistics services that are customer-centric, addressing the evolving demands of the region.
Enhanced Services for Nigerian Customers
The CEVA EFL joint venture is set to introduce a variety of consolidated and expedited services for customers in Nigeria. Notably, it will feature dedicated barge operations that allow for the transportation of shipping containers from Lagos ports to Inland Container Depots (ICDs). This initiative aims to reduce reliance on road networks, significantly decreasing transit times.
The joint venture boasts a comprehensive ICD infrastructure, encompassing 140,000 square meters of space across two locations: Ikorodu and Apapa. This infrastructure includes an export processing terminal, enhancing operational efficiency. Additionally, the joint venture will provide customs clearance services through a licensed in-house team, ensuring reliable and efficient processing.
Economic Impact and Knowledge Transfer
The collaboration between CEVA and EFL is poised to create substantial value for Nigeria’s logistics sector. By introducing a global logistics leader into the market, the joint venture will facilitate knowledge transfer to local employees. This initiative is expected to empower EFL to accelerate its growth and reinforce its market presence in the region.
Sylvain Kluba, Vice President of Finance IMEA at CEVA Logistics, emphasized the significance of the joint venture, stating that it represents a major step in connecting Nigeria and West Africa to the global market. He noted that the partnership combines CEVA’s global logistics expertise with EFL’s local knowledge, positioning the joint venture to deliver reliable solutions to customers and foster growth in this promising market.
Yemi Adunola, CEO of EFL, expressed enthusiasm about the partnership, highlighting the shared vision of transforming logistics in Nigeria and West Africa. He stated that the collaboration addresses the complexities of the market while creating value for customers through efficient and integrated solutions. Adunola affirmed the commitment to driving economic growth in the region.
About CEVA Logistics
CEVA Logistics is a global leader in third-party logistics, providing comprehensive supply chain solutions. Headquartered in Marseille, France, the company offers a wide array of customized services across contract logistics, air, ocean, ground, and finished vehicle transport. With approximately 110,000 employees and around 1,700 facilities worldwide, CEVA Logistics is part of the CMA CGM Group, a significant player in logistics solutions.
About EFL Africa
EFL Africa, headquartered in Lagos, Nigeria, is a leading logistics provider known for its extensive freight logistics services. The company operates one of the largest off-dock facilities in Nigeria, offering services such as bonded import and export terminals, marine and barge logistics, ground haulage, and secure warehousing. EFL’s strategic infrastructure enables effective coordination between major ports and inland logistics hubs, contributing to Nigeria’s dynamic trade environment.
The joint venture between CEVA Logistics and EFL Africa marks a pivotal development in the logistics landscape of Nigeria, promising to enhance service delivery and operational efficiency in the region.
Source: www.zawya.com
Read all the latest developments and breaking updates in the Latest News section.
Published on 2026-06-09 21:29:00 • By the Editorial Desk
