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
• Central African Republic seeks $12B for 2024-2028 development plan• 58 projects target agriculture, mining, energy, transport, and health• Goal:...
• S&P Global Ratings lowered Botswana's sovereign credit rating to BBB from BBB+, maintaining a negative outlook.• The downgrade stems from collapsing...
• Only six of Nigeria's 13 listed banks currently meet the Central Bank of Nigeria's (CBN) new recapitalization requirements.• The CBN significantly...
• Kenyan lender Equity Bank has initiated steps to enter the Ethiopian banking market, recently opened to foreign investment.• Ethiopia offers a market of...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
03

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
04

Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...

Saudi Arabia’s 2025 Shopping List Now Includes Industrial Parks in Africa — With a $700 Million Entry Ticket
05

As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...

How Benin, a Small West African Nation, Became a Darling of Regional Debt Markets
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.