NewsBBG: DP World plans $3bn African ports investment by 2029

October 9, 2024by 0

BLOOMBERG reports:
DP World plans to spend $3 billion over the next three to five years on new port and logistics infrastructure in Africa to meet long-term growth that includes surging demand for critical mineral exports.
“The cost of logistics and supply chain across Africa is very high relative to other global markets,” which presents a good opportunity, Mohammed Akoojee, DP World’s chief executive officer and managing director for sub-Saharan Africa, said in …

The post BBG: DP World plans $3bn African ports investment by 2029 appeared first on The Loadstar.

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