(Ecofin Agency) - Africa Global Logistics (AGL) announced an investment of CFA4 billion to expand its logistics hub in Kribi, Cameroon. The goal is to keep pace with rising container traffic at the city’s deep-sea port.

Officially opened on June 8, 2022, the Kribi Logistics Hub is now entering its second phase of development. This new stage, expected to wrap up by the end of July 2025, includes 10,000 square meters of new paved yard space and a brand-new 3,000-square-meter warehouse. The extension alone carries a price tag of about CFA3 billion.

AGL Cameroon’s managing director, Thibaut Lamé, shared these updates on May 8, 2025, during a ceremony to mark the commissioning of 10 new container trucks. These vehicles, worth about CFA1 billion, are part of the total CFA4 billion investment package and are meant to meet the growing logistics demand triggered by the launch of Kribi Port’s second container terminal.

The expansion of the Kribi Logistics Hub aligns with the increase in port activity tied to the new terminal. Operated by Kribi Conteneurs Terminal (KCT), a company in which AGL is a key shareholder, the second terminal is set to significantly boost capacity. According to port officials, Kribi’s container handling capacity is expected to jump from 300,000 twenty-foot equivalent units (TEUs) per year to nearly one million TEUs.

To help manage that growth, AGL is paving another 10,000 square meters of yard space in this second phase. That is on top of the 7,700 square meters already completed in the first phase. A third round of expansion is already planned for 2026, which will add similar surface area and bring the total container yard to 2.7 hectares.

The third phase will also include 9,000 square meters of new warehouses. These will be added to the 3,000 square meters under construction now and the 6,000 square meters built during phase one. According to Thibaut Lamé, the new warehouse space will allow AGL to handle a wider range of goods, including rubber and sawn wood, in addition to processed cotton and cocoa, which the Kribi hub began with.