News / Chinese firms' development plans for ports will heat up East Africa competition

Lamu Island Kenya. © Anja Koeberle Dreamstime.com.

Ningbo-Zhoushan Port Co and China Merchants Port Holdings (CMPH) are to invest around $2.22bn in three port projects in Africa and the Mediterranean.

It forms part of the Belt and Road initiative in what has become a competition hot-spot on the African continent.

Yesterday’s announcement of a link-up between India’s Adani Group and Abu Dhabi Ports to develop a port and logistics hub in Tanzania today was matched by China’s second-busiest container port operator and CMPH to also develop hub facilities in ...