The Director-General of the Port Authority of Dakar (PAD), Ababacar Sédikh Bèye, reported on 20 May a turnover of CFA61.3 billion (about $$102.4 million) in 2019, from CFA49.2 billion (about $82.2 million) in 2017. This makes an increase of 24.7% between the two years.
The official also indicated that the port establishment made a profit of CFA13.9 billion (about $23.2 million) in 2019. “This performance is the result of an 8.9% increase in turnover and a 17.4% drop in the operating expenses of the national company (in 2019 alone, ed),” he declared.
According to him, the good result is also “the outcome of the dynamism and commitment of the port actors who have spared no effort in implementing the PAD’s strategic development plan for the period 2019-2023.”
Launched in 2018, this 2019-2023 strategic development plan aims to improve the competitiveness of the port and attract much more traffic to position Dakar as a regional logistics hub.
André Chadrak
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Kenya adopts new pricing system to cut infrastructure cost overruns Reform follows rising contractor debt; $1.3B bond planned to repay...
TiN secures N$2.1 billion to expand Walvis Bay container terminal Project aims to position Namibia as an alternative to South African ports Windhoek...
Senegal halts rice import declarations for one month to ease local surplus Move responds to 195,000 tons of unsold domestic rice, producers...
India and Botswana signed pharma cooperation deal during Murmu’s state visit Agreement targets Botswana’s drug shortages amid ongoing health...
The four-day exhibition (Nov. 12–15) in Dubai spotlights Lagos as Nigeria’s flagship tourism and creative hub. Organized by the Nigeria Association...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...