CEVA Logistics and EFL Africa have entered into a joint venture in Nigeria, named CEVA EFL Limited, to deliver integrated, customer-centric logistics solutions in the maritime sector. This partnership aims to meet the evolving needs of businesses in Nigeria and the surrounding region.
Combined Strengths for Seamless Connectivity
CEVA EFL Limited combines EFL's strong local presence and operational excellence in Nigeria with CEVA Logistics' extensive global network spanning over 170 countries. The joint venture leverages end-to-end logistics capabilities to ensure seamless connectivity between Nigeria, West Africa, and the rest of the world.
Services Offered
The joint venture will offer a range of consolidated and fast-tracked services to customers, including dedicated barge operations. 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.
Infrastructure and Processing
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. This also encloses an export processing terminal. Additionally, the joint venture offers customs clearance services through its licensed, in-house team, ensuring efficient and reliable customs processing.
Statements from Leadership
Both firms stated, "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."
Vice President of Finance IMEA at CEVA Logistics, Sylvain Kluba, said, "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, we are 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."
Chief Executive Officer of EFL, Yemi Adunola, expressed delight at the launch of the partnership, 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 address the challenges of this complex market and create 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.
