Hapag-lloyd opens an office in Uganda's capital

Source：Sungreen Logistics Release Time：2024-12-17 Number of views：

Recently, Hapag-Lloyd opened a new office in Kampala, the capital of Uganda. This is also due to Uganda's geographical location and good connections with five neighbouring countries in East and Central Africa.

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With a population of about 50 million, Uganda has become an important market on the African continent. Uganda's economy is on the rise, with a projected GDP growth rate of 5.9% in 2024. As a landlocked country with no direct access to the sea, Uganda relies on neighbouring ports such as Mombasa in Kenya and Dar es Salaam in Tanzania to facilitate its international trade. In 2023, the port of Mombasa handled about 200,000 TEU of exports, 22% of which were from Uganda, indicating the country's important role in the region's trade flows, with most of the goods between Uganda and the port being transported by truck.

In addition to exporting its own goods, Uganda's importance lies in its role as a commercial hub for packaging and integrating various commodities in the region. Major exports through Uganda include timber and dried hides from South Sudan, cocoa, minerals and timber from the Democratic Republic of the Congo, and coffee from Rwanda. These flows highlight Uganda's growing influence on East African exports and its potential to facilitate cross-border trade.

Hapag-lloyd opens an office in Uganda's capital

Lars Sorensen, Senior managing Director of Hapag-Lloyd Middle East, said: "Uganda plays a vital role in Africa's export sector and continues to grow economically. The opening of an office in Kampala is part of our long-term strategy to gain early access to emerging markets with great potential. With Kampala as our new hub, we can strengthen our position in the African market, improve service delivery and better meet the needs of our customers in Uganda and neighbouring regions."

Hapag-lloyd's new office in Kampala will be led by Prashant Sindhwani and will have five staff.

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