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.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
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...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
World Bank to mobilize $550 million for Kenya road project Project to upgrade 508 km, boosting regional trade links Corridor to cut...
Egypt signs deal on $100 million dry port with EDECS, MEDLOG Facility aims to ease port congestion, shift freight from road to...
NSIA Banque CI, OEC-CI sign three-year SME support partnership Deal offers financing, training, and support for accountants and SMEs Aims to improve...
This week in Africa, health news highlights progress in kidney disease research, new investments in health security, and efforts to strengthen...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...