Search

European investors commit $100mn to modernise Senegal’s Port of Dakar

Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
  • $100mn investment targets capacity, efficiency and regional hub status
  • Experts warn of governance and technology dependence risks

 

DAKAR, SENEGAL – The Port of Dakar is entering a new phase after European investors committed $100 million to modernise Senegal’s main maritime gateway.

The investment, worth 56 billion CFA francs, will be led by an Antwerp-based consortium spearheaded by Conti-Lines Group, marking one of the largest recent foreign commitments to Senegal’s logistics infrastructure.

Recent Business

Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
European investors commit $100mn to modernise Senegal’s Port of Dakar
Read More »
Taxi bus Libreville, Gabon. Photo @ Unsplash
Gabon raises over $190mn from regional bond sale
Read More »
A ferry in Botswana. Photo @ Pixabay.
Botswana GDP rebounds 8.2% as diamond surge ends six-quarter slump
Read More »

Recent Politics

African election. Photo by Mikhail Nilov @ Pexels
East Africa’s electoral bodies face credibility test over disputed polls
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »

Latest Posts

Latest news insights