DP World and the Government of Somaliland have launched the new Berbera Economic Zone (BEZ), which, along with the Port of Berbera, is converting the area into a significant trading hub in the Horn of Africa. At a special event attended by several hundred guests, His Excellency Muse Bihi Abdi, President of Somaliland, and Sultan […]
DP World and the Government of Puntland this week signed an agreement in Dubai for expansion and upgrade work at the Port of Bosaso. The construction of the project will take on a 12-month to complete according to the agreement. The project, expected to start in early 2023, will include the development of a 150-metre […]
Ethiopia is planning to diversify link port alternatives with domestic economic corridors and global shipment routes based on a new technical study undertaken by the Ethiopian Maritime Authority. The study looks at how to diversify, grow, and use other ports and corridors. It describes which corridor goes to which port, what kind of infrastructure it […]
Kenya will allocate land to South Sudan for construction of a dry port in Mombasa, President William Ruto has said. Ruto made the disclosure on Saturday after holding bilateral talks with his host Salva Kiir in Juba. This, he said, will ease the cost of doing business between citizens of the two nations. Ruto who […]
The DP world is set to launch the Berbera Economic Zone in Somaliland to create an integrated maritime, logistics, and industrial platform to serve the Horn of Africa and Ethiopian markets. This follows its huge investment of over $442 million in expanding the Port of Berbera. The Port of Berbera is the most modern container terminal […]
The shipping industry will declare the Indian Ocean risk free after cases of piracy went down significantly. But maritime security experts say other illicit activities remain a concern. “Piracy areas have been shrinking,” said Olli Pekka Suorsa, assistant professor in homeland security at the UAE’s Rabdan Academy. “The industry is planning to altogether remove the […]
DP World has signed a lease and collaboration agreement with UAE-based food producer IFFCO, for an edible oil packing plant in the Berbera Economic Zone (BEZ) in Somaliland. IFFCO’s subsidiary, IFFCO Somaliland signed a 25-year lease with BEZ to develop a 300,000-square-foot packing facility, with future expansion plans covering another 300,000 square feet. Once complete, […]
Finland will be supporting the grain shipments of the UN’s World Food Programme (WFP) from Ukraine to Somalia as part of its bid to increase assistance to the famine-ridden Horn of Africa region, the Foreign Ministry announced. Finland will allocate €15.7 million in humanitarian assistance to the region, of which €7 million will be used […]
Kampala Uganda, 7th November 2022: With 38 of its 54 states being coastal or island states, it is no surprise that Africa is home to over 100 port facilities, including massive terminals in Durban, Port Elizabeth and Cape Town in the south, and Mombasa and Dar es Salaam in the east, and Lagos in the […]
The recent return of maritime operator DP World’s to the Puntland’s port of Bosaso has instigated optimism across the city with hopes of revamping the economy of the region. According to a report by Mohamed Hassan Ibrahim, a research consultant in the port infrastructure project, an upgraded port could bolster citizens’ trust in the semi-autonomous government. The […]
DP World has launched a new strategic arm which will focus on supporting large companies in achieving growth ambitions. The Global Business Corporation which was launched on Wednesday invites companies to enhance their international operating models with a base in the emirates. The GBC aims to raise awareness of Dubai’s strengths and benefits as a location […]
Southern Africa – 04 November 2021 – DP World Maputo, has developed and implemented a new and unique supply chain solution that provides Southern African importers of fertilizer, and other similar commodities, an effective and reliable option using Maputo Corridor. The new solution is another example of DP World Maputo, which has the concession to manage, […]
DP World, a world leader in global supply chain solutions, and CDC Group, the UK’s development finance institution and impact investor have entered a long-term partnership to multiply the capacity of the Port of Berbera and improve surrounding logistics facilities to create a regional trading hub. According to the two institutions, this will provide a […]