Global Operators Target African Projects

As a result of the slowing Chinese economy, global terminal operators are currently re-shifting their investment focus to Africa, a continent anticipated to grow with the European Union and the United Nations among those forecasting a 5% growth rate in 2016, according to the Journal of Commerce.

The most recent African project involves global terminal operator DP World, which has been granted a 25-year concession to develop and operate a logistics centre in Rwanda, East Africa.

Infographic: African TEU Volumes

DP World also recently outlined its 5-point plan for Africa in a bid to tackle Africa’s infrastructure gap and focus its attention on areas which include monitoring the lifecycle of infrastructure, as well as public-private partnerships.

Transnet has also recently completed an expansion at the City Deep Terminal in Johannesburg in South Africa, which was a US$56 million expansion project to move cargo from road to rail.

Technical Paper: Transnet’s ‘Intelliport’ concept

A compound annual growth rate of more than 9% has been recorded for container volumes in Southern and East Africa since 2010, suggesting that the country is set for a period of massive growth.