Angola has secured a $900 million (about Ksh.116 billion) private investment to build and operate a new port terminal at Barra do Dande in the northern province of Bengo.
The investment is expected to strengthen the country’s logistics network, expand industrial activity and position Barra do Dande as a key trade gateway for goods produced within the surrounding free trade zone.
The agreement was signed in Luanda on July 20, 2026 by the state-owned Barra do Dande Development Company, Huatong Angola Industry, and investment partner Berkshire Waterhouse Infrastructure Development Ltd.
Part of the deal dictates that Huatong will receive a 25-year sub-concession to construct and operate the terminal, with an option to renew the agreement based on the project’s commercial success and long-term sustainability.
Speaking after the signing ceremony, said the parties had signed two separate investment agreements.
“The first agreement covers the $450 million (Ksh.58 billion) port terminal itself, while the second finances the supporting infrastructure, bringing the total investment to $900 million (about Ksh.116 billion),” said Barra do Dande Development Company Chairman Roque Saraiva.
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The supporting infrastructure will include energy facilities and road networks linking the port to industries operating within the Barra do Dande Free Trade Zone, creating an integrated logistics hub capable of supporting manufacturing and exports.
The development is being financed entirely by private investors.
“This is entirely a private-sector investment,” he added.
Funding for the project will be released gradually as construction milestones and regulatory approvals are met.
According to Berkshire Waterhouse Infrastructure Development representative João Rufino, the phased financing approach is intended to ensure the project progresses smoothly while meeting all required approvals.
Construction will take place in three phases.
The first phase is expected to take about 24 months, after which the port will begin handling exports from factories located within the free trade zone.
The remaining phases are scheduled for completion between 2029 and 2030, significantly expanding the terminal’s handling capacity.
Once complete, the facility will be capable of accommodating vessels carrying up to 80,000 tonnes of cargo, making it one of Angola’s most significant logistics assets.
Project developers estimate the terminal could generate more than $10 billion (about Ksh.1.29 trillion) in turnover over its lifetime.
