Arabian Business, Wednesday, Sep 11, 2019 | Muharram 12, 1441
Build it and they will come: Kuwait's Agility plans trans-Africa push
Agility Public Warehousing Co, a Kuwait-based logistics company
operating in more than 100 countries, is stepping up plans to develop so-called
warehouse parks across Africa at a cost of about $200 million each.
The company, which has annual revenue of about, $5.5 billion, has set up one at
the Ghanaian port city of Tema, about 16 miles east of the capital, Accra, and
will open three more, in Abidjan, Maputo and Lagos - the commercial hubs of
Ivory Coast, Mozambique and Nigeria respectively - by the end of the second
quarter of next year. Addis Ababa, Luanda, Nairobi, Dar es Salaam and Kinshasa
The idea is to “build it and they will come,” Geoffrey White, Agility’s chief
executive officer for Africa, said in an interview in Cape Town last week.
The parks comprise tens of thousands of square meters of warehousing with
reliable power, internet and security. Built on the outskirts of major
commercial hubs, they offer multinational companies a quick way to set up
distribution centres, White said. While there are some similar projects on the
continent, none are of Agility’s scale, he said.
Cummins Inc, which makes generators and engines, is one of its initial
customers, using the park in Ghana for its West African distribution.
Egypt, Morocco and Algeria are potential sites for parks in North Africa, White