In 2017, the autonomous port of Abidjan handled 22.556 million tons of goods. A figure increase by 3.8% compared to that of the previous year (21.7 million tons). This was revealed by Hien Sié (photo), the port’s managing director, during the launch of the commercial year on February 26.
“This increase is due to a growth in domestic trade, which surged by 5.5% to stand at 19.3 million tons. The transit (ed: from hinterland countries such as Burkina Faso, Mali, and Niger) also rose by 3% to stand at 2.02 million tons”, he said. He also revealed that the company also handled 663,601 tons of containers, this represents an increase by 4.4% on a year-to-year basis.
The increase in domestic traffic was mainly driven by the exports of cocoa (+32%) and manganese (+149%) as well as cashew from Côte d’Ivoire. Plus, the country recorded an increase in imports of rice and wheat.
For the record, the port of Abidjan is in a strong competition with other ports in the sub-region. Its authorities have announced significant investments estimated at CFA1, 100 billion (about $2 billion) in the 2018-21 period, in order to upgrade the infrastructures.
It should be noted that a series of works to extend the port had already been launched in October 2015. It includes the deepening of Vridi Canal pass, extending its depth from 12 to 16 meter to allow larger vessels to berth, modernization of the current wharves and fishing port, the construction of a mineral terminal and a second container terminal.
85% of the Estimated CFA560 billion (about $1 billion) required for the works was disbursed by Exim bank China and the construction group China Harbor Engineering Company (CHEC) was contracted to handle the works.
Hien Sié Yacouba also announced that the wharves would be commissioned in late March and works would be finished on Vridi terminal in August. It has also been revealed that the mineral terminal would soon be completed. Furthermore, a tender for the construction of a grain terminal is also planned for June.
First tuna port in sub-Saharan Africa, the port of Abidjan hosts nearly 50% of the Ivorian industries and mobilize more than 80% of the country’s customs revenue.
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...
Lindian names Zekai Komur to lead Malawi’s First rare earth project $59M raised for Kangankunde mine, production starts late...
• Morocco, Mistral AI sign deal to boost local AI expertise• Partnership targets training, research, and ethical AI adoption• Strategy aims for 270,000...
• Eskom’s Energy Availability Factor (EAF) stood at 71.6% in early September, with unplanned losses of 7,394 MW.• South Africa recorded 119 consecutive...
• Orange has partnered with UK-based Synamedia to boost its CDN services across Africa and the Middle East.• The deal integrates Orange’s Content Delivery...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...