DP World has signed a memorandum of understanding (MoU) with ITOCHU Corporation, one of Japan’s largest trading companies, to expand logistics, supply chain infrastructure, and distribution capabilities in sub-Saharan Africa.

DP World MoU August copy.jpg

Source: DP World.

The agreement was signed during the Tokyo International Conference on African Development (TICAD9) held in Yokohama, Japan.

Under the MoU, both companies will explore opportunities to enhance connectivity and market access across Africa, supporting Japanese businesses seeking to establish or grow their presence on the continent. Initial discussions are focused on fleet and logistics operations, supply chain optimisation, and the distribution of commodities and food products.

DP World operates in 48 countries across the continent with a wide network of ports, terminals and logistics assets from warehouses to trucks. The organisation’s investments there are designed to drive economic growth, boost intra-Africa trade and better connect African markets to global supply chains.

Headquartered in Tokyo, ITOCHU’s portfolio spans textiles, machinery, energy, chemicals, foods, and general consumer goods.

Shinya Ishizuka, ceo of Africa bloc at ITOCHU Corporation, said: “We hope that this collaboration will not only lead to further projects between the two parties, but also serve as a bridge between Japanese companies seeking to expand into Africa and the African market.”

Earlier this month, DP World expanded its automotive logistics capacity to meet growing demand at Jebel Ali Port in the UAE.