Browsing: Dubai Ports World

Dubai Ports World
  • Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become a dominant player in the region’s commerce.
  • Establishing a streamlined commerce corridor connecting East Africa and the Great Lakes region is a fundamental plank of DP World’s overall strategy.
  • DP World seeks to regulate and strengthen African trade by tackling the difficulties of logistics and storage with cutting-edge digital solutions.

Dubai Ports World in Africa

As the Africa Continental Free Trade Act ushers in a new era of African trade, a significant participant rises from the Arabian Peninsula. Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become a dominant player in the region’s commerce.

The story’s action begins in one of East Africa’s thriving harbours. The vast potential of the Kenyan ports of Mombasa, Lamu, Kisumu, and Naivasha has …

Berbera corridor to boost trade between Somaliland and Ethiopia

The construction of the $400 million Berbera corridor is set to boost trade links between Somaliland and Ethiopia.

The project once complete will link Ethiopia’s border town of Togochale to Berbera Port in Somaliland. The Abu Dhabi Fund for Development is funding the roads projects.

Muse Bihi Somaliland president opened the first completed 12-kilometre phase of the project which is the second major infrastructural project Somaliland is building after the expansion of the Port of Berbera by the Dubai Ports World (DP World).

Somaliland imports to Ethiopia is estimated to be worth over $800 million annually and the Berbera-Togochale corridor will be instrumental in facilitating import-export trade for Ethiopia’s economy.

“We are here to open part of the Berbera Corridor, which is a 12 KM stretch that has been completed. I would like to point out that this road is different from the earlier road which was built to handle …