Africa

Optimism is increasing around the development of the nation’s ports. Kerry Dimmer reports

Potential investors in Djibouti and the Horn of Africa are being warned that corruption, debt and poor governance pose significant investment risk factors.

Ethiopia will take a stake in Port Sudan in its latest deal to boost and diversify its maritime business.

The region is making inroads in overcoming infrastructure and investment issues, albeit progress remains slow. Felicity Landon reports

Somalias 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.

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.

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”.

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.”

Qatar and Sudan have made a $4bn deal to develop Sudan’s second-biggest port, Suakin, located in the northeast of the country.

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…

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).

The US will support Djibouti in strengthening governance and security in acknowledgement of its role in safeguarding sea trade and humanitarian aid.

DP World may develop a US$1.2bn deepwater port in the Democratic Republic of Congo (DRC), according to documents published by a Senegalese whistle-blowing organisation.

Talk of the regions potential is getting tired, finds Felicity Landon

A Port of Berbera investment deal between DP World, the state of Somaliland and Ethiopia has been declared “non-existent, null and void” by the Federal Government of Somalia.

DP World’s contract with Doraleh Container Terminal (DCT) was cancelled because of a dispute over terms and poor performance, claims the Djibouti Ports & Free Zones Authority (DPFZA).

DP World has reacted swiftly and angrily after the government of Djibouti seized control of Doraleh Container Terminal (DCT), describing the government’s conduct as “particularly oppressive and cynical”.

The Maritime Workers Union of Nigeria (MWUN) has relented on its threat to go on an indefinite strike that could have closed the countrys main seaports.

The Maritime Workers Union of Nigeria (MWUN) has threatened to remove all its members from the country’s ports if the Nigerian federal government fails to resolve problems on all port access roads…