Public Management

AGL signs the Port of São Tomé management contract

AGL signs the Port of São Tomé management contract
Wednesday, 27 December 2023 13:11

Africa Global Logistics, the benchmark logistics operator in Africa, is pleased to announce that on 20 December 2023, it signed the management contract for the Port of São Tomé, opening up new economic prospects for the country. The signature took place in the presence of Adelino Fernandes Rosa Cardoso, Minister of Infrastructures, Natural Resources and the Environment of São Tomé & Principe and Hamilton Afonso Fernandes de Sousa, Managing Director of Port Authority ENAPORT.

AGL was selected after a submission process, to takeover operations at the container terminal at the Port of São Tomé. This partnership between AGL and the government of São Tomé will improve the efficiency and the productivity of the port, implementing state of the art technological solutions and practices.

"We are honoured to have been chosen as partners to operate this port. Signing this contract confirms our willingness to consolidate our offer of services in Africa, by delivering an integrated and quality service that closely meets the needs of the local population. We are confident that our expertise will significantly improve the productivity of the port of São Tomé and Principe and will support the government's efforts in favour of the population of São Tomé" declared Pierre Avesque, Development Manager for AGL.

With the support of Mediterranean Shipping Company, AGL will perform freight handling operations and will modernise terminal operations, encouraging local economic growth. With almost 300 metres of quayside and five metres of draught in Ana Chaves Bay, the São Tomé terminal that serves over 250,000 people has a storage area of 32,000 sq. metres and three warehouses.

"The Port of de São Tomé is an entry point for Central Africa located on the Atlantic coast. Thanks to this management contract, Africa Global Logistics will work closely with local partners to deliver suitable logistics solutions that encourage the country's sustainable socio-economic development" stated Olivier De Noray, Managing Director for Ports & Terminals with Africa Global Logistics.

"We are convinced that AGL will be a first rate strategic partner for reinforcing the efficiency and the competitiveness of our port. Together, we will address the operational challenges we face, to offer the services that will benefit our economy and the local populations" said Adelino Fernandes Rosa Cardoso, Minister of Infrastructures for São Tomé and Principe: 

This contract was concluded with the support of international consultants Lechëne Iniguez & Partners (LI&P) and it reinforces the position of Africa Global Logistics as the key port management player in Africa.

About AGL (Africa Global Logistics)

AGL is the reference multimodal logistics operator in Africa, offering global, tailor-made and innovative logistics solutions to its African and international customers. The company recently became part of the MSC Group, a world class maritime and logistics company. Thanks to its network of 250 logistics and maritime agencies, 22 port and rail concessions, 66 dry ports and 2 river terminals, AGL has the advantage of expertise that has been developed over more than a century. With a team of more than 21,000 staff in 49 countries, the ambition of AGL is to contribute in a sustainable manner to the transformations taking place in Africa. AGL is also present in Haiti and Timor.

322image

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Chari raises record $12M Series A to expand fintech services Secures central bank license to launch super-app for merchants Moroccan...
Burkina Faso orders NGOs to use state-run bank for all funds Move follows arrests, aims to tighten oversight of foreign NGOs Burkina Faso issued...
The International Finance Corporation (IFC) plans to invest up to $25 million in the African Transition Acceleration Fund (ATAF). The fund aims...
Tunisia seeks $3.7B loan from central bank in 2026 Economists warn of inflation, liquidity risks from domestic borrowing IMF talks stalled;...

Most Read
01

• The five-year plan allocates 388 billion pulas to boost growth and jobs.• Focus areas include tran...

Botswana unveils $27bn plan to accelerate economic diversification
02

• Parliament approves Virtual Asset Service Providers Bill 2025 to regulate digital assets• Central ...

Kenya passes landmark law to regulate booming cryptocurrency market
03

Indorama to invest $210M in Senegal phosphate sector upgrade ICS to expand fertilizer, acid ...

Indorama, Petrochemicals Major, to Invest $210 Million in Senegal Fertilizer Plant
04

Copper prices hit $10,775/t, their highest since May 2024, driven by a weak dollar and recent...

Copper Prices Extend Gains Close to Record Highs, Improving Prospects for Zambia and the DRC
05

• The Bank urges Nigeria to raise excise taxes on alcohol, tobacco, and sugary drinks.• Current rate...

World Bank backs higher public health taxes in Nigeria
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.