BluePeak invests $20mn in Prime Logistics

Prime operates from its hubs in Dar es Salaam, Mombasa, Kampala, Goma and Dubai while the investment will help the company continue to connect countries including Democratic Republic of Congo, Kenya, Rwanda, Tanzania, Uganda, Malawi, Burundi and Zambia.

Partnering with Prime will build on the company's existing ESG track record, advance the logistics sector, and accelerate the journey to a more sustainable future: Rami Matar, BluePeak

The investment from BluePeak comes at a crucial time as increasing trade flows between East & Central Africa, the Middle East and the rest of the world supports demand for reliable logistics services. The structure of the funding aligns with our commitment to advance economic growth while unlocking sustainable development: Asif Abdulla, Prime Logistics

Established in 1996, Prime Logistics is an integrated logistics company that offers an end-to-end solution to customers including warehousing and terminals, import/export clearance services , freight forwarding services including sea and air freight, and last-mile transportation services in East & Central Africa and the Middle East.

Click here to read more

Click Here For More Stories