Finance

Congo Terminal takes delivery of two new yard gantries

Congo Terminal takes delivery of two new yard gantries
Friday, 16 October 2020 17:47

Congo Terminal, the concessionary of the container terminal at the Port of Pointe-Noire, has taken delivery of two new RTG yard gantries. With a 40-tonne lifting capacity, the new equipment will boost the container storage capacities of the yards and help to improve flows across all operations.

Financed by Congo Terminal to the tune of 2.6 billion CFA francs (€4 million), the two yard gantries, built by lifting equipment manufacturer Konecranes, will strengthen the stevedoring capacities of the Congo container terminal.

Congo Terminal is thus pursuing its investment programme to make Pointe-Noire a leading deep-water port that backs up specific corridors and responds to the expectations of the main ship owners. In 2019, the company handled over 920,000 TEU, compared with 190,000 TEU at the start of the concession. This enabled the Port of Pointe-Noire to earn the distinction of “the best wharf productivity of the ports in Central and West Africa”.

Commenting, Laurent Palayer, Managing Director of Congo Terminal, said: “Through this new investment, we are continuing to boost the competitiveness of the economy and step up the momentum of trade in the region. Since 2009, Congo Terminal has invested over 250 billion CFA francs (€400 million) in the development of infrastructure, the acquisition of modern stevedoring equipment and the installation of a high-performance operational system.”

About Congo Terminal
Congo Terminal, a Bolloré Ports concession, is the operator of the container terminal at Pointe-Noire. The company is engaged in a public-private partnership enabling it to respond to the requirements of its ship-owner, import and export customers. By reducing its delivery tariffs by 50%, Congo Terminal is contributing to the improvement of purchasing power and the fight against the high cost of living. With ISO 9001:2015, ISPS (safety) and Pedestrian Free Yard (HSE) certification, the company benefits from leading-edge technology and the extensive port expertise of the Bolloré Ports network. Congo Terminal implements mobility solutions that respect the environment, including electric buses for the transport of employees. Congo Terminal employs over 900 Congolese employees and leads solidarity initiatives in favour of young people, environmental protection and education.

 1 terminal pointe

On the same topic
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...

MTN Ghana Completes Mobile Money Spinoff, Creates Standalone Fintech Entity
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.