1+ week, 1+ day ago  (688+ words) The global shipping industry has spent nearly two years rerouting vessels around Africa as attacks in the Red Sea disrupt one of the world's most important trade corridors. Yet South Africa, the country best positioned to benefit from the shift,…...

2+ week, 6+ day ago  (563+ words) Ghana's latest "215 million investment agreement with the United Kingdom is about far more than headline investment figures. At the centre of the deal is a strategic ambition that could reshape the country's role in regional trade: turning the western port…...

1+ mon, 1+ week ago  (580+ words) Seychelles, Africa's richest country by GDP per capita and the continent's most tourism dependent economy, is expanding its ocean based tourism strategy after sinking a decommissioned military patrol vessel to create an artificial reef and underwater diving attraction. The Indian…...

1+ mon, 1+ week ago  (217+ words) Nigeria could attract about $600 million in fresh investment into its maritime sector after Dutch shipping and logistics operator APM Terminals signalled plans to expand its operations in the country. The proposed investment was disclosed during a meeting between President Bola…...

1+ mon, 2+ week ago  (386+ words) Africa's richest man, Aliko Dangote, has said it is often more expensive to ship goods from Lagos to Accra than from Spain to Nigeria, stressing the deep inefficiencies that continue to weigh on intra-African trade. Speaking in an interview with…...

2+ mon, 4+ day ago  (310+ words) A weak merchant marine fleet may not appear to be an urgent concern at first glance, but for many African countries, it could be the difference between a strong navy and a vulnerable one. At its most basic, having a…...

3+ mon, 1+ day ago  (415+ words) The World Bank has approved a $240 million financing package to help Benin and Mauritania protect their coastlines from erosion and flooding while expanding economic opportunities linked to the ocean. The funding marks the first phase of the West Africa Coastal…...

3+ mon, 6+ day ago  (397+ words) Nigeria has secured a "746 million financing agreement with the United Kingdom to modernise two of its busiest seaports, a move the government says will strengthen the country's role as a maritime trade hub in West and Central Africa. The project…...

3+ mon, 1+ week ago  (320+ words) Global container shipping group CMA CGM has announced a $600 peak season surcharge on cargo shipments from China to Nigeria and several West and Central African destinations, a move likely to raise the cost of imported goods across the region. In…...

3+ mon, 1+ week ago  (261+ words) Shipping company MSC has signed a 45-year concession agreement with "Nigerian maritime company Nigerdock to develop, operate "and maintain a new container terminal in Lagos. The world's largest container shipping company, MSC, has signed a 45-year concession agreement with "the…...