DP World Reports 22% Revenue Growth to $24.4 Billion in 2025, Expands Global Port Capacity and Logistics Investments DP World reported revenue of $24.4 billion for 2025, representing a 22 percent increase compared with the previous year. Adjusted EBITDA rose 18 percent to $6.4 billion, delivering a margin of 26.3 percent. The company attributed this growth to strong performance across its Ports and Terminals and Logistics businesses. Total group gross
Author: Constance Makungu
UK–Nigeria £746 Million Deal Set to Transform Lagos Ports Infrastructure
Britain and Nigeria Sign £746 Million Export Finance Agreement to Modernize Lagos and Tin Can Island Ports Britain and Nigeria have announced a £746 million ($990.32 million) export finance agreement to fund the redevelopment of two of Nigeria’s key trading hubs: the Lagos Port Complex and the Tin Can Island Port Complex. The agreement comes as President Bola Tinubu undertakes the first Nigerian state visit to the United Kingdom in
Zambia Railways Secures Financial Advisor to Drive $60 Million Infrastructure Upgrade
Zambia Railways Partners with Pangaea Securities to Raise $60 Million for Rail Modernization Zambia Railways Limited has appointed Pangaea Securities as Transaction Advisor to help secure US$60 million in financing from Development Finance Institutions (DFIs) and private investors. The funding initiative marks a key step in revitalizing the country’s rail network and strengthening its role in regional trade and logistics. The planned financing will complement a €50 million grant provided
Ethiopian Airlines to Resume Direct Flights Between Addis Ababa and Atlanta
Ethiopian Airlines Restores Direct Addis Ababa–Atlanta Flights, Boosting Africa–U.S. Connectivity Ethiopian Airlines, Africa’s largest carrier, has announced the resumption of direct passenger flights between Addis Ababa Bole International Airport and Hartsfield-Jackson Atlanta International Airport starting May 21, 2026, restoring a vital transatlantic route that was temporarily suspended earlier this year. The route, initially paused in February, is reopening to meet growing demand and enhance connectivity between Africa and the United
Kenya’s Lamu Port Gains Strategic Relevance as Strait of Hormuz Disruptions Reshape Shipping Routes
Strait of Hormuz Tensions Drive Vessel Diversions to Kenya’s Lamu Port, Boosting Activity at Underutilised Trade Hub Since the escalation of tensions between Iran and Israel in late February, disruptions along the Strait of Hormuz have unsettled global shipping and trade flows, with ripple effects reaching several African economies. Amid these disruptions, Lamu Port has emerged as an unexpected beneficiary. Constraints on vessel movement through the Strait have forced shipping
Namibia Govt Governance Concerns Cloud Prospects for the Trans-Kalahari Railway
Trans-Kalahari Railway Faces Investment Challenges Amid Governance Concerns, Port Performance Issues, and U.S. Visa Policy Shift The Trans-Kalahari Railway remains one of Africa’s most ambitious and complex infrastructure proposals. Designed to link the Atlantic coast of Namibia to the interior of Botswana, the project has the potential to transform regional trade flows and reshape economic prospects across Southern Africa. Yet governance concerns, infrastructure performance challenges, and shifting international perceptions continue
Angola Appoints New Secretary of State to Drive Aviation and Port Sector Growth
Angola Strengthens Transport Strategy as Adilson Catala Takes Office Over Aviation and Ports Adilson Gabriel Alves Catala has officially taken office as Secretary of State for the Civil, Maritime and Port Aviation sectors under the Ministry of Transport Angola, reinforcing the government’s commitment to strengthening critical transport infrastructure. The swearing-in ceremony took place at the Presidential Palace in Luanda and was presided over by João Lourenço, with attendance from senior
Hapag-Lloyd Suspends Africa–Upper Gulf Shipments Amid Rising Middle East Tensions
Hapag-Lloyd Halts Africa-to-Gulf Cargo Bookings Over Security Risks in Strait of Hormuz German shipping giant Hapag-Lloyd has suspended cargo bookings from Africa to the Upper Gulf region, citing increased operational and security risks linked to escalating geopolitical tensions in the Middle East. The decision follows recent military strikes carried out by the United States and Israel against targets in Iran. The attacks reportedly targeted senior Iranian leaders and triggered a
DRC Signs Deal to Build Strategic Dry Port in Kwala, Tanzania
DRC Signs Concession for Kwala Dry Port in Tanzania to Cut Logistics Costs and Boost Trade The Democratic Republic of the Congo is advancing its strategy to strengthen trade competitiveness by developing new logistics infrastructure aimed at improving the efficiency of its import and export supply chains. Authorities in Kinshasa have signed a concession agreement with Boston Developers Ltd for the construction of a dry port in Kwala, Tanzania, a
DRC Pushes for $1 Billion World Bank Financing to Accelerate Lobito Corridor Development
DRC Seeks $1 Billion World Bank Funding to Boost Lobito Corridor and Regional Trade The Government of the Democratic Republic of Congo (DRC) is intensifying efforts to secure international financing for the development of the Lobito Corridor, a major infrastructure project aimed at improving regional connectivity and boosting trade. Speaking in Washington during the World Bank’s “Transforming Transportation” global forum, the Congolese Minister of Infrastructure and Public Works, John Banza