Metso Opens Cape Town Regional Hub to Support African Ports, Localisation and Bulk Materials Handling Growth Global industrial technology group Metso has expanded its bulk materials handling network with the opening of a new regional hub in Cape Town, strengthening its operational presence and service capacity across Africa’s port and mining sectors. The Finnish company, which supplies technologies, equipment and services to the aggregates, minerals processing and metals refining industries
Category: Ports & Terminals
DRC, Zambia, and Tanzania Move to Modernize Southern Central Corridor
DRC, Zambia, and Tanzania Launch Initiative to Secure and Upgrade Southern Central Corridor The Democratic Republic of Congo (DRC), Zambia, and Tanzania are collaborating to secure and modernize the southern section of the Central Corridor, a strategic trade route linking the port of Dar es Salaam to key commercial and mining hubs in the region. Local media reports indicate that representatives from the three countries met on March 24, 2026,
Tanzania Launches Major Petroleum Storage Project to Modernize Dar es Salaam Port
Tanzania Expands Dar es Salaam Port with $45.7M Petroleum Storage Facility to Boost Trade and Efficiency Tanzania has initiated a strategic project to reinforce transport and logistics operations at the Port of Dar es Salaam, one of the country’s most critical maritime gateways and a key hub for East Africa. On 3 March 2026, President Hassan laid the cornerstone for the development of modern petroleum storage facilities, describing the project
DP World Posts Strong 2025 Results as Revenue Climbs to $24.4 Billion Amid Global Trade Uncertainty
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
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
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
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
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
Transnet Launches Private-Sector Partnership for Richards Bay Dry Bulk Terminal
Transnet Seeks Private Partners to Boost Efficiency and Investment at Richards Bay Dry Bulk Terminal South Africa’s port and rail freight parastatal, Transnet, has officially issued a Request for Qualification (RFQ) to kickstart the selection of a private-sector partner for its Richards Bay Dry Bulk Terminal (RBDBT) Private-Sector Participation (PSP) project. The RFQ marks a key milestone in Transnet’s “Reinvent for Growth Strategy”, demonstrating the organisation’s readiness to engage the
Maersk Positioned to Take Control of Panama’s Port of Balboa
Maersk Set to Expand Influence at Panama’s Port of Balboa Following Supreme Court Ruling Against HutchisonMaersk, the Danish shipping giant, is poised to assume control of the Port of Balboa in Panama City, marking a significant expansion of its influence in global maritime trade. While Maersk may no longer hold the top spot as the largest container line by TEU capacity, gaining operational control at Balboa would give it sway