Africa 13-24 – Page 10
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NewsDP World warns off Djibouti investors
DP World has warned investors to “think twice” about investing in Djibouti following the enactment of a decree which transferred the shareholding of Port de Djibouti SA (PDSA) in Doraleh Container Terminal SA (DCT) to the Government of Djibouti.
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NewsLondon court finds Doraleh seizure illegal
An arbitral tribunal of the London Court of International Arbitration (LCIA) has ruled that the Government of Djibouti’s seizure of the Doraleh Container Terminal from DP World is illegal because the latter’s concession agreement remains valid.
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NewsKenya plans 11 new ports
Kenya Ports Authority (KPA) has awarded Rotterdam-based Maritime & Transport Business Solutions (MTBS) a contract to plan for the development of 11 ports in the country.
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NewsGhana tackles port smuggling
Ghana’s government plans to implement a new measure to tackle smuggling in Ghana’s ports arising from diverted transit goods allegedly meant for landlocked countries including Burkina Faso, Mali and Niger.
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NewsFeasibility study for Madagascar port project
The African Development Bank Group (AfDB) has issued a call for expression of interest for a consultant to carry out a feasibility study for a port PPP in Madagascar.
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NewsICTSI Sudan terminal preferred bidder
International Container Terminal Services (ICTSI) has been declared the preferred bidder to operate, manage and develop the South Port Container Terminal (SPCT) at the port of Port Sudan.
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DP World fires up Doraleh dispute
DP World has reiterated that its concession agreement for the Doraleh Container Terminal (DTC) remains in force, warning that the government’s seizure of the facility doesn’t give the right to any third party to violate the terms of the concession agreement.
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NewsPresidential support for South Africa’s rebuild
Optimism is increasing around the development of the nation’s ports. Kerry Dimmer reports
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NewsInvestors warned of African port risks
Potential investors in Djibouti and the Horn of Africa are being warned that corruption, debt and poor governance pose significant investment risk factors.
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NewsEthiopia diversifies trade access with Sudan and Kenya port investments
Ethiopia will take a stake in Port Sudan in its latest deal to boost and diversify its maritime business.
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Ethiopia to take share in Djibouti Port
Ethiopia is set to take a share in Djibouti’s Port of Djibouti under an agreement reached by both countries — though the size of the stake is unclear.
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NewsNorth Africa chips away at its wishlist
The region is making inroads in overcoming infrastructure and investment issues, albeit progress remains slow. Felicity Landon reports
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NewsDP World urged to reconsider Berbera deal
Somalia''s foreign minister has said DP World should reconsider its contract with Somaliland and work with Somalia’s federal authorities so the country’s sovereignty is not violated.
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NewsCMA CGM Nigerian terminal deal
CMA CGM Group have signed an agreement with Lekki Port LFTZ Enterprise (LPLE) to operate the future container terminal in Nigeria’s first, yet to be built, 16m deep sea port.
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NewsTNPA lays out plan for Durban’s liquid bulk hub
South Africa’s Transnet National Ports Authority (TNPA) has outlined an Island View Precinct Strategy, concerning the country’s Port of Durban, that “aims to facilitate greater participation of historically-disadvantaged persons in terminal operations”.
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NewsDP warns off potential Djibouti suitors
DP World has issued a statement warning that its concession agreement to operate the Doraleh Container Terminal (DCT) in Djibouti “remains in full force and effect.”
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NewsQatar and Sudan to develop Suakin port
Qatar and Sudan have made a $4bn deal to develop Sudan’s second-biggest port, Suakin, located in the northeast of the country.
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NewsDP World: No Doraleh offer made
DP World confirmed it hasn’t received a purchase offer for its 33% stake in Doraleh Container Terminal following state-controlled Djibouti Ports and Free Zone Authority’s (DPFZA) claim that it is prepared to buy the company out to avoid legal action.
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NewsBollore and Maersk-funded Abidjan terminal
A planned new container terminal at the Port of Abidjanbe will receive €400m from Bollore Group with additional investment from Maersk.
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NewsDP World wins 30-year DRC port concession
DP World has won a 30-year concession for the management and development of a greenfield multi-purpose port project at Banana, Democratic Republic of the Congo (DRC).
