CEVA Logistics, EFL Africa Launch Joint Venture in Nigeria​

CEVA Logistics, a global third-party logistics provider, and EFL Africa, a prominent Nigerian logistics company, have announced the formation of a joint venture named CEVA EFL Limited. This strategic partnership signifies a shared commitment to enhancing their operational footprint and strengthening their market presence within Nigeria and the broader West African region.

Nigeria's position as a major and rapidly evolving logistics market makes it a crucial gateway to West Africa. The establishment of CEVA EFL Limited is expected to bolster the combined capabilities of both CEVA Logistics and EFL, solidifying their roles within the West African logistics ecosystem.

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This joint venture represents a bold step forward in our commitment to connecting Nigeria and West Africa to the world. By combining CEVA’s global reach and logistics expertise with EFL’s deep local knowledge and infrastructure, the CEVA EFL joint venture is uniquely positioned to deliver seamless and reliable solutions to our customers. Together, we are creating a logistics ecosystem that drives growth and unlocks new opportunities

Sylvain Kluba, Vice President of Finance IMEA at CEVA Logistics, highlighted the joint venture as a significant step in connecting Nigeria and West Africa globally. He emphasized that the synergy between CEVA's international logistics expertise and EFL's deep understanding of the local market uniquely positions CEVA EFL to provide seamless and dependable solutions for customers. The venture aims to foster a logistics ecosystem that drives economic growth and creates new opportunities.

Yemi Adunola, CEO of EFL, expressed enthusiasm for the partnership, stating that it aligns with their shared vision of transforming logistics in Nigeria and West Africa. By leveraging their combined strengths, CEVA EFL intends to address market complexities and deliver value through efficient, integrated, and customer-centric solutions. The joint venture is presented as a testament to their commitment to regional progress and economic development.

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We are thrilled to partner with CEVA Logistics to launch CEVA EFL. This collaboration underscores our shared vision of transforming logistics in Nigeria and West Africa. By leveraging our combined strengths, we are not only addressing the challenges of this complex market but also creating value for our 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.