Gulf Ingot set to launch operations as new multimodal operator in the logistics sector of Ethiopia

Published on: 20 May 2025

Gulf Ingot has established a presence in Dire Dawa, a major commercial hub near the Djibouti border, as well as in Addis Ababa.
It has branches Djibouti, Russia, Turkey, and the UAE, they are constructing a five-hectare dry port in Dire Dawa and operate a transport fleet of over 350 trucks.
The six newly licensed operators are Gulf Ingot, Panafric Global, Tikur Abay Transport, Cosmos MTO, Ethio-Djibouti Railway Standard Gauge Share Company (EDR), and ESLSE.
Cosmos MTO is a joint venture between the Oromia region’s Geda Transport and Tradepath International.
Panafric Global, has strengthened its position by collaborating with renowned businessman Belayneh Kinde.