Moroccan high speed line

Heads of terms gives AD Ports Group exclusive rights to negotiate a concession for a new multipurpose terminal for one year.

Global port operator announces an MoU to operate the Takoradi Port in Ghana, starting from April 2023.

Tanger Med 2 is to take over Tanger Med Port Authority (TMPA), taking the latter’s name in the process. The new TMPA will control both sides of the container port, Tanger 1 and Tanger 2, as well as the ro-ro and passenger terminals.

MSC is hoping to buy Bolloré Africa Logistics (BAL), which is one of Africa’s largest container transport, logistics and port operating groups.

Grindrod has joined UK-funded (but privately managed) InfraCo Africa in the East African Marine Transport (EAMT) project to set up a regular ferry service to revitalise trade across Lake Victoria.

CDC, formerly known as the Commonwealth Development Corporation, is a new source of funding for the pan-African port sector. In the first instance, the UK’s development finance institution (DFI) is to invest US$320M in the ports of Dakar in Senegal, Sokhna in Egypt and Berbera in Somaliland – all of which are operated by DP World.