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DP World and Britain’s CDC pledge up to $1.7bn investment in African ports

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Investment will target expanding ports operated by DP World in Egypt, Senegal and Somaliland

Shipping cranes on the dockside at London Gateway port, operated by DP World. Picture: CHRIS RATCLIFFE/BLOOMBERG

State-owned DP Word has committed to investing $1bn over the next several years, while CDC has committed $320m and potentially investing up to a further $400m. The partnership plans to invest, along with ports, in infrastructure such as container depots and business parks.

 

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