The OPEC Fund for International Development (OFID) has signed a $7 million public sector loan agreement with Djibouti for the construction of a new port in Tadjoura.
Indian operator Essar Ports has sought approval from shareholders to invest $25 million in a group company in Mozambique that is developing a multi-user coal port in Beira.
Ghana’s president John Dramani Mahama estimates that the expansion of the Tema port requires between $600 million and $1 billion, according to the country’s official news agency.
Cameroon authorities have shortlisted five operators to manage the multipurpose terminal of the deep-sea port which is being built in Kribi.
Cargotec today announced that it has received a repeat order for its road-mobile Siwertell cement unloader.
CMA CGM will become the only shipping line to call at the Liberian port of Buchanan in 20 years when its 1,600 TEU vessel Spero makes its inaugural call there on March 24th.
In the wake of the Arab Spring, Egypt and Libya are seeking to develop the ports on which their economies rely, notes UK Trade and Investment (UKTI), which has published a detailed report on the related business opportunities in both countries.
A new tug boat will start operations in the port of Maputo (Mozambique) at the end of the month, DP World announced yesterday.