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DP World invests $90m in Luanda port as African logistics hotspots draw major players
DP World is investing $90m in Angola's port of Luanda, while other terminal operators have added or announced capacity in Africa amid rising volumes, with the west coast described as particularly hot.
DP World is expanding its African footprint with a $90m investment in Angola’s port of Luanda. The move is presented as a sign of the company’s confidence in the gateway.
Several terminal operators have either added or announced additional capacity on the continent, according to the report. The trend is linked to surging volumes.
The west coast of Africa is described as “particularly hot” at the moment for logistics players. The supplied text cuts off during a comment from Mohammed Akoojee, CEO of DP World’s Africa operations, so no further details are available.
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