South Africa’s national ports authority, Transnet, said it will shortly release a multi-billion-rand tender for maritime construction works at the country’s primary container port.
APM Terminals has ordered more than 40 pieces of equipment for its second transshipment terminal under construction at the Tanger-Med port complex in Morocco.
Global trade infrastructure developer DP World is interested in building on its African investments to improve the quality of infrastructure on the continent.
Pacific International Lines has signed a memorandum of understanding with China’s largest public port operator and a mainland construction giant to develop new markets.
Africa’s inland freight network is so troubled that it costs roughly seven times more to ship a container from Mombasa, Kenya, to Burundi, in central Africa, than to ship a container from Shanghai to the major Kenyan gateway, an APM Terminal executive said.
APM Terminals officials have met with Olusegun Aganga, Nigeria’s minister of industry, trade and investment, along with a delegation of government officials and advisers, continuing talks on infrastructure investment to enhance Nigeria's logistics capabilities.
Transnet and the NEPAD Business Foundation have launched the Africa Infrastructure Desk in Johannesburg to develop infrastructure for intra-Africa trade.
Transnet SOC, South Africa’s state-owned ports and rail operator, and China Development Bank have signed an agreement to jointly explore and identify opportunities for the Chinese state-owned bank to have a role in Transnet’s infrastructure upgrade programs.
APM Terminals and its French consortium partners, Bollore Africa Logistics and Bouygues, have been named preferred bidders to operate a second container terminal in the port of Abidjan in Côte d’Ivoire.