South Africa’s state-owned logistics company Transnet plans to invest N$44 billion into its two port divisions over the next five years and aims to turn Durban into a “world-class” hub for container shipping.
The rail, port, and pipeline company, damaged by years of corruption, mismanagement, and infrastructure in a state … Read More
ZANZIBAR Ports Corporation (ZPC), has invested 8bn for the port development. The fund will enhance service efficiency in passenger and cargo handling at its ports.
According to Infrastructure, Communication and Transport Minister Dr Sira Ubwa Mamboya, ” the corporation is finalising procurement procedures for the purchase of one reach stacker, … Read More
Government of Rwanda sign grant with Netherland for port construction at Lake Kivu
Plans are in motion for the construction of four ports at Lake Kivu. This was announced by Rwanda Ministry of Finance and Economic Planning (MINECOFIN) via its official twitter handle.
The project will have a grant agreement … Read More
Qatar representatives meet with Somalia’s prime minister over plans to build a new seaport in Hobyo, Somalia.
The Qatari group arrived in Mogadishu, the capital, on Monday and is led by Deputy Prime Minister and Minister of Foreign Affairs H E Sheikh Mohamed bin Abdulrahman Al Thani
In a press … Read More
Expansion of Dube Trade Port Special Economic Zone (DTP SEZ) phase II in motion worth R18 billion
The Expansion of Dube Trade Port is underway in South Africa. This is after funds worth R18 billion investment was unveiled as part of the second phase for Dube Trade Port Special Economic … Read More
Plans underway for the construction of a fishing port in Buchanan city as delegates arrives Liberia
Fishery is part of Liberian way of getting funds but over the last years the nation has loss huge revenues. This is because the nation does not have a good place to store its … Read More
Ethiopia to acquire part of Djibouti’s port.
Djibouti have reach an agreement with Ethiopia concerning the acquisition of part of its port by Ethiopia. This agreement comes after Djibouti on its own invalidated a contract with the United Arab Emirates’ giant Dubai Ports World (DP) two(2) months ago.
According to … Read More
GPHA seeking improved trade relationship with Burkina Faso.
During a week long trade mission to Burkina Faso’s capital, Ouagadougou, organised by Ghana Ports and Harbours Authority (GPHA), which is aimed at increasing transit traffic between Ghana and Burkina Faso (who are Ghana’s biggest transit trade partner). Some concerns which need … Read More
Gabon commissions new port to accommodate more vessels.
In a bid to revamp its ports, Gabon have commissioned a new port harbor which is estimated to have cost US$ 300 million.
The port which took about 18 months to complete and was constructed in partnership with a Singapore company Olam … Read More