Public Management

AGL, the new operator of the Malindi Container Terminal in Zanzibar

AGL, the new operator of the Malindi Container Terminal in Zanzibar
Friday, 19 May 2023 16:36

Witness by Hon. Khalid S. Mohamed, the ministry of infrastructure communication and transport, Tony Stenning, Regional Director of Southern Africa at AGL (Africa Global Logistics), and Nahaat Mahfoud, CEO of Zanzibar Ports Corporation, signed the contract for the management of the Malindi Container Terminal at the Port of Malindi in Zanzibar on May 18, 2023.

AGL will be responsible for cargo handling operations and maritime services at the country's main port infrastructure. The company is committed to implementing an investment program for the modernization and development of the Port of Malindi. AGL also plans to construct a depot zone outside the port to alleviate congestion.

"We are going beyond operational improvements at this port, as we are determined to invest in its development, attract a greater variety of maritime lines, and stimulate trade volumes," emphasized Tony Stenning during the signing ceremony.

This agreement will enable the country to have a modern infrastructure capable of ensuring imports and exports in conditions of quality, security, and safety that comply with international standards, thanks to AGL's experience in port terminal management.

"The signing of this contract confirms our commitment to continue developing our portfolio of port concessions in Africa. It is a great opportunity for us and our partners in Zanzibar to develop the Port of Malindi and make it the gateway to Zanzibar," stated Olivier de Noray, CEO of Ports & Terminals of AGL.

AGL's new presence will preserve all existing direct jobs and create hundreds of indirect employment opportunities for the residents of Zanzibar. Training and the development of skills for local talent are among the commitments made by AGL.

About AGL (Africa Global Logistics)

AGL (Africa Global Logistics) is the reference multimodal logistics operator (port, logistics, sea and rail) in Africa. The company is now part of the MSC Group, a leading shipping and logistics group. Having developed its expertise over more than a century and with more than 21,000 employees working in 49 countries, AGL provides its African and global customers with global, customized, and innovative logistics solutions, with the goal of contributing in a sustainable way to the transformations of Africa. AGL is also present in Haiti and Timor.
www.aglgroup.com

picture 1892 1682674719

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Zambia's stock index gained 14.3% in August and 56% YTD, driven by strong copper prices. Copperbelt Energy has maintained a market capitalization of...
Guaranty Trust Holding Company Plc (GTCO) has injected N365.9 billion ($238.5 million) into its subsidiary, Guaranty Trust Bank Limited (GTBank), to...
IFC may grant up to $20 million to CBI Ghana for a low-carbon cement plant in Tema. The $66.7 million project includes global investors...
Banque Agricole du Sénégal is raising CFA80 billion ($142 million) through a securitized bond. The offer includes a 7-year tranche A at 8% and...
Most Read
01

It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc...

The Change Shortage: A Crisis Hidden by the CFA Franc’s Stability
02

Egypt’s handset market is projected to leap from $2.5 billion in 2025 to $4.8 billion by...

Egypt’s $2.5B-to-$4.8B Smartphone Surge Set to Reshape Africa’s Tech Map by 2031
03

Burkina Faso ends Target Malaria, a GMO mosquito project funded by the Gates Foundation. The ...

Burkina Faso Halts a Malaria Program Backed by Bill and Melinda Gates Foundation
04

Egypt and UNECA launched a five-day workshop in Cairo to strengthen maritime tax audits and IFRS-b...

Egypt Bolsters Maritime Tax Collection With UN Economic Commission Training
05

Sadot and Vodacom’s MOTI launch Africa’s first telco-powered farm-to-fork app to cut crop losses a...

Sadot, Vodacom-Backed MOTI Launch Africa’s First Telco-Powered Farm-to-Fork App  
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.