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News - Transport

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

May 20, 2025
Gulf Ingot set to launch operations as new multimodal operator in the logistics sector of Ethiopia
  • 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.