DP World, the Emirati logistics giant, in collaboration with the British government’s development-finance arm, is set to begin construction on a deep-sea port in the Democratic Republic of Congo (DRC).
The infrastructure, located at the Port of Banana where the Congo River meets the Atlantic Ocean, is the latest expansion of DP World’s operations across Africa.
Investment in Africa’s Future
British International Investment (BII) is injecting $35 million into this venture, building on its previous successful collaborations with DP World in Somaliland, Egypt, and Senegal.
The Port of Banana project is part of an initiative by DP World to solidify its presence on the African continent, with plans to invest $2 billion in port infrastructure and an additional $1 billion in logistics operations over the next three to five years.
This new port is poised to become a critical asset in the DRC, a country rich in natural resources such as oil, gold, and copper.
The need for advanced logistics and transport infrastructure in Africa has never been more urgent as global demand for these minerals surges.
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Kinsahsa, in particular, is seeing a concerted effort to modernize its basic infrastructure, with DP World’s deep-sea port expected to give life to DRC in terms of infrastructure.
Boosting Container Capacity and Economic Growth
The project includes the development of a 600-meter quay with an 18-meter draft, designed to accommodate the largest vessels currently in operation.
Once completed, it will enhance the port’s container handling capacity, and is expected to reach around 450,000 units.
However, while the project promises exponential benefits, the timeline for its completion remains undisclosed. A spokesperson for DP World has yet to confirm when the development will be finished.