The new partnership agreement, signed between Africa Union Trading, Africa Union Aviation, and AJEX will enhance logistics and supply chain services between Africa and the Middle East
Riyadh, Saudi Arabia, 4 June 2024 - AJEX Logistics Services, a leading Middle East-based specialist in express distribution and shipping solutions, is proud to announce the signing of a new partnership agreement with Africa Union Trading and Africa Union Aviation, subsidiaries of Africa Union Holdings. The agreement, inked at the Saudi Trade Attaché's office in Sandton, Johannesburg, marks a significant step towards enhancing logistics and supply chain services between Africa and the Middle East.
The new agreement will support the strategic expansion objectives of both companies – with Africa Union Holdings growing its footprint across the GCC, and AJEX growing its footprint across Sub-Saharan Africa. A pivotal milestone for business development, this partnership represents a concrete step towards realizing the shared vision of enhancing trade connectivity and fostering greater economic cooperation between Sub-Saharan Africa and the Middle East.
'This partnership between AJEX Logistics Services and Africa Union Holdings Group comes at a pivotal time when trade relations between Africa and the Middle East are poised for significant growth. With both regions seeking to diversify economic partnerships and reduce dependency on traditional trade corridors, this collaboration is a forward-looking initiative that aligns with the broader goals of increasing trade volumes and enhancing economic cooperation,' Mohammed AlBayati, Group CEO, AJEX Logistics Services.
'By leveraging each other's strengths, AJEX and Africa Union Holdings are well-positioned to capitalize on emerging opportunities in sectors such as technology, agriculture, healthcare and energy, thereby contributing to the economic prosperity of both regions,' he added.
'We are thrilled to embark on this partnership with AJEX Logistics Services, marking a new chapter in our journey towards building stronger trade and logistics ties between Africa and the Middle East. This collaboration is a testament to our commitment to enhancing our service offerings and expanding our reach, ultimately facilitating smoother, more efficient trade flows that benefit businesses and consumers alike,' said James Ndambo, CEO of Africa Union Holding.
Under the terms of the agreement, both parties will collaborate closely to streamline their operations and maximize efficiencies in Shipping, Airfreight, Trucking, Rail Freight and last-mile delivery. As part of the framework, all AJEX cargo destined for Africa will be managed by Africa Union Holdings Group during the final leg of delivery. Vice versa, all Africa Union Holdings Group cargo destined for the Middle East will be managed by AJEX during the final leg.
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