Scan Global Logistics Makes Strategic Moves in Egypt
Scan Global Logistics (SGL) is making waves in Africa with its recent expansion into Egypt, a move that bolsters trade connectivity and enhances regional logistics capabilities. With the new head office located at the City Stars Complex in Cairo, and plans for additional offices in the next year, SGL is gearing up to play a pivotal role in the logistics sector across the MENAT region, which includes Saudi Arabia and the UAE.
Why Egypt is Key for Logistics
Egypt stands out as a critical logistics hub thanks to its strategic location, bridging Africa, Europe, and Asia, along with its control of the vital Suez Canal. This positioning makes it an attractive base for regional operations, especially as intra-African trade gains momentum under the African Continental Free Trade Area (AfCFTA). The logistics and warehousing market in Egypt was valued at around EGP 110 billion ($2.3 billion) in 2023, indicating a significant growth trajectory expected through 2029.
Government Initiatives Fuel Growth
The Egyptian government is driving infrastructure improvements and regulatory reforms, creating an environment conducive to trade and logistics. As noted by Allan Melgaard, CEO of SGL, this strategic expansion reflects the company’s commitment to delivering innovative solutions to customers while leading in the regional logistics sector. These government-led initiatives will not only enhance the logistics landscape but also strategically position Egypt as an international trade hub.
Meet the Team Leading the Charge
Under the leadership of Ahmed Habib, a logistics veteran with over 20 years of experience in the industry, SGL is poised to make its mark in Egypt. His team includes seasoned professionals specializing in crucial logistics operations such as customs clearance, freight services, and supply chain management. Habib emphasizes that having direct operations in Egypt allows for heightened control and exceptional service delivery, ensuring compliance and customer satisfaction.
The Future of Logistics in Africa
With the logistics sector evolving rapidly in Africa, Scan Global Logistics’ expansion into Egypt signifies not just growth for SGL but also a broader trend of increased connectivity and cooperation across African trade routes. As air and road freight services expand, so too do opportunities for business travelers and logistics managers who are looking to enhance their operations in this burgeoning market.
As the logistics landscape continues to transform, companies must stay informed and adapt to leverage Egypt’s expanding role as a logistics cornerstone within Africa. For logistics managers and professionals engaged in supply chain operations, understanding these trends could yield significant competitive advantages.
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