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
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Uganda showcased coffee, tea and dairy products in Shanghai to expand exports to China Coffee exports reached $2.4bn in 2025, making Uganda...
New facility includes 40 laboratories, genomics platforms and a bioequivalence center The center will test and certify locally produced medicines...
Government considers joining Medusa cable to improve network stability Project estimated at €20–60 million, with rollout targeted for...
Ethiopia signs roadmap with Russia’s Rosatom to develop civil nuclear sector Partnership aims to reduce reliance on hydropower, which dominates...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...