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Tag: DP World

Industry

Ethiopia grows Port portfolio with the acquisition of Port Sudan.

25th June 201825th June 2018 EABW EditorComment(0)

BY RUARI PHILLIPS Addis Ababa, Ethiopia–Ethiopia has grown its portfolio of ports with the acquisition of Sudan’s largest sea gateway, Port Sudan. DP World, who jointly own the port of Berbera and Djibouti with Ethiopia, are bidding for concessions along with French logistics company Ballore, and ICTS from the Philippines. A concession is a contract in which […]

In the market

New Jobs, Orders Rise in April PMI
Africa Markets

New Jobs, Orders Rise in April PMI

9th May 2022 Godfrey Ivudria Comment(0)

May 5, 2022 – Kampala, Uganda: The Stanbic Purchasing Managers’ Index (PMI) rose to 53.9 in April from 51.9 in March on account of further improvement in private sector output and new orders as demand strengthened, helping generate new jobs. Readings above 50.0 mean improvement in business conditions on the previous month while readings that […]

Record Performance in Latest Full-Year Earnings-AFC

Record Performance in Latest Full-Year Earnings-AFC

4th April 2022 Godfrey Ivudria Comment(0)

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