An infographic released by shipping agents and freight forwarders Tuscor Lloyds shows the total amount of investment which has been piled into West Africa’s ports, as well as the total new TEU capacity.
According to the company’s release, Sub Saharan Africa (SSA) is one of the fastest growing regions in the world.
As UK exports to the region are predicted to flourish over the coming years. The UK exported around US$12.8 billion worth of goods to SSA in 2013.
The International Monetary Fund said: “Solid growth will continue in the lion’s share of the region’s countries, driven by sustained infrastructure investment, buoyant services sectors, and strong agricultural production, even as oil-related activities provide less support.”
(Source: Tuscor Lloyds)