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DHL Global Forwarding and Ethiopian Airlines signed a new agreement to form a joint venture – DHL-Ethiopian Airline Logistics Services Ltd. – to strengthen the logistics infrastructure and Ethiopian connections. With this partnership, DHL Global Forwarding is the first global freight forwarder to establish a local presence in Ethiopia, following the government's recent decision to liberalize key sectors of the booming economy.
"DHL Global Forwarding is an important catalyst in world trade. By combining our global network expertise with the deep knowledge of the regulatory and operational environment of Ethiopian Airline, we are opening up important access to international trade for the fastest growing African economy and strengthening at the same time our position on the African continent ", Tim Scharwath, Ethiopian Airlines, which badumes a majority stake in this joint venture, will provide regulatory and operational support while DHL Global Forwarding establishes air, sea and road freight links between the main shopping malls of Ethiopia and the rest of the world. Pramod Bagalwadi, a DHL veteran with more than two decades of experience in management roles in the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Bagalwadi, who currently heads the industrial projects team for DHL in sub-Saharan Africa and a strategic partner for the company in the region.
The joint venture is a new step in a broader partnership between DHL Global Forwarding and Ethiopian Airlines. Since 2010, DHL Global Forwarding has undertaken the maintenance, repair and overhaul (MRO) operations of the Ethiopian Airlines commercial segment, dealing with end-to-end clearance of essential items and ground transportation – parts from aircraft, engines and mechanical modules to textile, utensils, food and beverages – via air and sea freight between Europe and Asia.
"With the projected growth of GDP per capita of Ethiopia from about 6% up to 2022 
increase the demand for logistical support of companies Therefore, working with the right partner to meet this demand and improve our logistics ecosystem is crucial.DHL's expertise and the strong history of Ethiopian Airlines to negotiate the challenges of the local market to connect the businesses of our country with growth opportunities in the world will guide us in the right direction.As a long-term partner in the region, we look forward to working even more closely with DHL to further expand transport infrastructure and industrial growth from Ethiopia as the joint venture takes off, "said Tewolde GebreMariam, CEO of Ethiopian Airlines.
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