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

Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal bets on local oil refining as Mavamar plant opens in Dakar
Read More »
Motor tricycle transport operator in Ghana. Photo by Kojo Kwarteng @ Unsplash
Ghana treasury bill yields tumble as investor demand surges 246%
Read More »
Gold mining machine, excavator. Photo by Albert Hyseni @ Unsplash
Tanzania deploys high-tech airborne surveys to deepen mining push
Read More »

Recent Politics

Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »
Ghana ex-vice president Mahamudu Bawumia to lead opposition NPP in 2028 polls. Photo: Bawumia/Facebook page
Ghana opposition NPP re-elects Bawumia as flagbearer ahead of 2028 polls
Read More »

Latest Posts

Latest news insights