Kenya’s Mombasa port has mobilized an amount of KSh20 billion to upgrade four berths, allowing it to now handle both container cargoes and goods not packed in containers, Daniel Manduku, MD of the Kenya Ports Authority -KPA-, announced.
The investment, backed by the European Investment Bank (EIB) and the French Development Agency (AFD), is motivated by the growing demand for freight in the Eastern Africa region where most economies are growing by at least 5% a year, the official explained.
Once the modernization project is completed, the annual freight traffic at the port is expected to reach 47 million tons in 2025, from 32 million tons in 2018. This year, freight traffic is expected at 34 million tons. KPA will spend an additional KSh39 billion to build a new oil terminal to replace its existing facilities dating back to 1968.
Built in 1895, the port of Mombasa is the main gateway for trade in East Africa, also serving other countries such as Uganda, Somalia, Rwanda, and South Sudan. Currently the port is the fifth most active in Africa behind the port of Tangier Med (Morocco), Port Said in Egypt, the port of Durban in South Africa and the port of Lagos (Nigeria).
Romuald Ngueyap
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Benesha to build medical consumables factory in DR Congo SEZ Project aims to cut imports amid strong demand for devices Factory to produce syringes,...
Donors pledge over $200 million for DR Congo census World Bank, AfDB consider major funding and capacity support Census aims to update data...
African oil ministers to boycott May 2026 London energy summit Protest over lack of inclusivity and weak focus on African priorities Move reflects...
Burkina Faso creates unified body for PPP dialogue, business reforms New framework to streamline institutions and improve public fund use Security...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...