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BLOOMBERG reports:

DP World plans to spend $3 billion over the next three to five years on new port and logistics infrastructure in Africa to meet long-term growth that includes surging demand for critical mineral exports.

“The cost of logistics and supply chain across Africa is very high relative to other global markets,” which presents a good opportunity, Mohammed Akoojee, DP World’s chief executive officer and managing director for sub-Saharan Africa, said in an interview on Bloomberg Television. The port operator is expanding in Dar es Salaam in Tanzania and has recently assessed harbors in South Africa and Kenya for potential investment…

The full post is here.

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  • Bruno Sidler

    October 16, 2024 at 2:13 pm

    I find it ridiculous to quote a Bloomberg article which can only be accessed if your subscribe to Bloomberg

    • Alessandro Pasetti

      October 16, 2024 at 2:46 pm

      Hi Bruno, you have the right to find it ridiculous if you do not understand how BBG (or RTR) posts work – depending on how many stories you click on daily/weekly, you’ll have temporary access or not. That said, most BBG stories, on merit, are summed up via our DeskOne page rather than under ‘Worth a read’, a tiny Premium section that simply flags relevant content on the web from 3rd parties (as clearly STATED in Premium’s POSH bulletin out to our clients on Saturdays). Btw, you’ll find in that section only 2 BBG posts out of 20 from recent weeks. Thanks for the feedback.