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

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So that they can steal and finish our minerals

South Africa South Africa Latest News, South Africa South Africa Headlines