5 companies linked to South African tycoon Mohammed Akoojee

Feyisayo Ajayi -

Known for his exceptional leadership skills and strategic thinking, Mohammed Akoojee has made a significant impact on the business landscape in South Africa. Throughout his career, he has taken on various roles that have led to impressive transformations and remarkable growth for the companies he’s been a part of.

One example is his close ties with Imperial Logistics, a company focused on providing Africa with comprehensive market access and logistics solutions. Under Akoojee’s leadership, Imperial reached unprecedented heights in 2022. During this time, the company was acquired by DP World Logistics, a powerhouse in global logistics led by the visionary businessman Sultan Ahmed bin Sulayem.

Akoojee’s journey began in 2009 when he joined Imperial Logistics. He steadily climbed the ranks, eventually becoming the CEO of the Logistics African Regions division. In this role, he took charge of crucial aspects such as mergers, acquisitions, strategy, and investor relations.

In 2017, Akoojee assumed the position of CFO at Imperial Logistics, followed by his promotion to CEO in 2019. This phase of his career highlighted his ability to manage large-scale operations successfully.

After the sale of Imperial Logistics, Akoojee embraced new challenges by becoming COO at DP World, a global logistics leader. His journey has been truly remarkable, and the acquisition of Imperial Logistics by DP World in 2022 stands as a testament to Akoojee’s transformative leadership.

Billionaires.Africa features five companies associated with Mohammed Akoojee:

  1. Imperial Logistics:

At the helm of Imperial Logistics, an African-focused conglomerate, Akoojee has redefined the logistics landscape. Under his guidance, Imperial Logistics has emerged as a premier provider of tailored supply chain management and route-to-market solutions. A testament to Akoojee’s strategic prowess is the landmark acquisition of Imperial Logistics by DP World in February 2022, a deal that showcased his exceptional deal-making skills and commitment to unlocking new horizons in logistics.

  1. Ascendis Pharma:

Through his leadership, Akoojee orchestrated a transformative move early in 2022, leading Imperial Logistics to acquire a substantial stake in Ascendis Pharma. As a subsidiary of Ascendis Health Limited, Ascendis Pharma is dedicated to advancing healthcare solutions by developing innovative therapies. Akoojee’s involvement underscores his commitment to addressing unmet medical needs and propelling the pharmaceutical landscape forward.

  1. UbiPharm:

Championing accessible healthcare solutions across Africa, UbiPharm and Imperial partnership stands as a testament to Akoojee’s dedication to enriching lives. Under his guidance, Imperial Logistics established a strategic partnership with UbiPharm in 2022, harnessing best-in-class operations and commercial services to provide complementary route-to-market solutions for healthcare principals and clients. Akoojee’s vision aligns seamlessly with UbiPharm’s mission to usher in a new era of healthcare accessibility.

  1. Africa FMCG Distribution Ltd. (AFMCG):

In Nigeria, AFMCG operates as a cornerstone of the Chanrai Group, catering to diverse channels with unparalleled nationwide route-to-market solutions. Akoojee’s influence extends to this multifaceted powerhouse. In 2022 after Imperial Logistics became a subsidiary under DP World, Akojeee led Imperial to acquire a controlling stake in Africa FMCG Distribution Ltd. (AFMCG). The acquisition of a controlling stake in the Nigeria-based firm is a strategic move for DP World, an Emirati multinational logistics company that serves as Imperial Logistics’ parent company.

  1. DP World Logistics:

DP World, an Emirati multinational logistics powerhouse under the visionary leadership of Sultan Ahmed bin Sulayem, serves as the parent company of Imperial Logistics. Based in Dubai, UAE, DP World leads in cargo logistics, port terminals, maritime services, and free trade zones. Established through the 2005 merger of Dubai Ports Authority and Dubai Ports International, DP World leads global logistics, managing around 70 million containers through 82 terminals in over 40 countries annually. The 2022 acquisition of Imperial Logistics by DP World, guided by Akoojee, further underscored his role in driving organizations to unparalleled success.