Public Management

Benin Terminal takes delivery of two new yard gantries

Benin Terminal takes delivery of two new yard gantries
Thursday, 24 September 2020 17:18

Benin Terminal, the operator of the Port de Cotonou container terminal, took delivery of two new gantries on 20 September 2020. The new equipment will serve to improve the productivity of Benin Terminal, boost the country’s competitiveness and bolster trade in West Africa.

With a lifting capacity of 40 tonnes each, the ultra-modern gantries will improve container storage capacity at the terminal, increase the pace of deliveries and reduce handling times for goods at Benin Terminal.

Financed by Benin Terminal to the tune of 2.1 billion CFA francs (€3.2 million), the two yard gantries, built by lifting equipment manufacturer Konecranes, will strengthen the stevedoring capacities of the Benin Terminal container terminal.

Despite the COVID-19 pandemic, Benin Terminal is pursuing its programme of investments and continues to modernise its port activities at the Autonomous Port of Cotonou. We now have 12 yard gantries. The new equipment will make our stevedoring operations even more seamless and improve service quality for our shipping company and consignee customers,” said Yann Magarian, Managing Director of Benin Terminal.

Thanks to the 95 billion CFA francs (€145 million) invested by Benin Terminal since 2013, the container terminal has become a regional logistics hub for growth for Niger, Mali, Burkina Faso and Nigeria. The investments have made Cotonou a more efficient, modern and attractive port that contributes to the economic development of Benin.

Benin Terminal, which today employs some 677 Beninese nationals, is thus contributing to the fluidity of the supply chain in Benin and the countries in the sub-region. In addition to its port activities, the company also rolls out solidarity initiatives every year in key sectors such as health, education and environmental protection.

About Benin Terminal

Benin Terminal is the operator of the container terminal of the Port of Cotonou. A key player in the country's supply chain, Benin Terminal employs 677 Beninese nationals and leads a subcontracting policy serving to generate 1,000 indirect jobs. Benin Terminal also implements initiatives for local populations in partnership with NGOs. For example, it assists young people suffering from HIV in their education, supports the empowerment of young people and raises awareness of environmental protection.

28452 dji 0178

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BOA Senegal net profit rises 10.1% to 21.9bn CFA francs Growth driven by higher banking income and controlled loan losses Bank maintains dividend as...
Côte d’Ivoire raises 110bn CFA francs, meeting full target Investor demand hits 291bn CFA francs, nearly threefold oversubscribed Strong...
Three insurers placed under administration for failing solvency requirements Policyholders’ Compensation Fund takes control of...
Kenya and Rwanda sign deal to recognize payment licenses across borders The move aims to cut regulatory duplication and ease market...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
04

ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...

ECOWAS Considers Regional Platform to Enforce Air Passenger Compensation
05

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
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.