DHL eyes new Nairobi office in Sh45 billion Africa expansion bid

DHL trucks. In the freight division, DHL is eyeing greater capacity in the renewable energy logistics and transport of perishable agricultural products from Africa to Europe and the Middle East.

Photo credit: Pool

Global logistics firm DHL Group is planning a €300 million (Sh44.9 billion) investment in its African operations, part of which will see the Germany-headquartered firm put up a new head office for its Kenyan unit in Nairobi.

The company announced the new investment in Johannesburg, South Africa during the launch of its latest logistics tracker report, which showed that Sub-Saharan Africa recorded the fastest growth in trade value in the first half of the year, ahead of the Americas and the Caribbean, driven by exports.

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