Egypt’s OIH to launch trade and logistics arm: Egyptian investment management firm Orascom Investment Holding (OIH) BoD approved plans to launch a company in Egypt under the name O-Trade & Logistics to provide logistics services across Africa, according to its board’s minutes (pdf). The company’s board voted unanimously to set up the company, according to the minutes.

The company will provide its services through an online B2B platform, OIH CEO Marwan Hussein told Enterprise Logistics. Hussein declined to disclose further details.

The platform is set to launch sometime in 1H 2023, Hussein said. OIH did not provide further details on the size of investments set to be poured into the platform.

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