MOZAMBIQUE US$3BILLION PLAN AIMS TO EXTRACT REGIONAL PORT, RAIL INTEGRATION BENEFITSFull Story On Page 23

AFRICATRADE-WATCH

US$8.5 Billion Funding For Suez Canal Expansion

ISSUE 41 | OCTOBER 2014

US$800 Million To Execute Lekki Deep Seaport Project

Tanzania: US$565 Million For Dar Es Salaam Port

12 16 24

US$800 Million To Execute Lekki Deep Seaport Project

16

US$8.5 Billion Funding For Suez Canal Expansion

12

23

24

Mozambique US$3Billion Plan Aims To Extract Port Benefits

Tanzania: US$565 Million For Dar Es Salaam Port

Contents

Top Stories

03 /African Group News

09 /Events Diary & News Briefs

11 /Pan Africa

21 /Eastern Africa

13 /Western Africa

25 /Southern Africa

1

AFRICATRADE-WATCH

ISSUE 41 | OCTOBER 2014

News Headlines By RegionWestern AfricaAngola: Investing US$3.9 Billion In Logistics Platforms

Cameroon: DIT Adds 4 Gantry Cranes To Ease Congestion At Douala Port

Congo: Rules And Regulations For Second Hand Cars

Cote d’Ivoire: Cote d’Ivoire Establishes Export Council To Manage Its National Export-Strategy

Ghana: Transnet National Ports Authority Signs Agreement With GPHA / New Conformity Assessment Program [G-CAP]

Nigeria: India, Nigeria to Deepen Trade Relations / Export To China Rises By 117.9% / US$800 Million To Execute Lekki Deep Seaport Project / Holding Bay For Trucks Along Lagos Port Access Road / NPA Enforce Minimum Standards For Trucks In Nigerian Ports / NPA Unveils Electronic Ship Entry Notice / e-Payment Improves Onne Ports Operations / FG Mulls Designation of 6 ICDs as Ports of Origin / Funtua ICD Groundbreaking

Togo: Lome Transhipment Hub

Eastern AfricaKenya: Mombasa to Tax Goods Imported Through Port / Tanzania & Kenya Pilot Single Customs Deal

Mozambique: US$3Billion Plan Aims To Extract Regional Port, Rail Integration Benefits / Mozambique Close To Implementing Customs Exemption As Part Of SADC

Somalia: Turkish Firm Al Bayrak To Manage Mogadishu Port

Tanzania: US$565 Million For Dar Es Salaam Port / New Heavy-Duty Cranes Arrive At Dar Port / Mtwara Port for Major Expansion

Southern AfricaNamibia: Walvis Bay Harbor Work to Start a Year Early

South Africa: Transnet to invest R33bn at Western Cape ports / Cape Town Harbour To Get R650m Multi-Purpose Storage Facility / Transnet Appoints New COO

ion To Executee Minimum roves Onne

2

Website: www.delmas.comEmail: lhv.marketing@delmas.netTweet: @DelmasWeDeliver

CMA CGM Marseille Head Offi ce4, Quai d’Arenc 13235 Marseille cedex 02 France

Tel : +33 (0)4 88 91 90 00

www.cmacgm.com

Disclaimer of LiabilityCMA CGM / DELMAS make every effort to provide and maintain usable,

and timely information in this report. No responsibility is accepted for

the accuracy, completeness, or relevance to the user’s purpose, of

the information. Accordingly Delmas denies any liability for any direct,

indirect or consequential loss or damage suffered by any person as a

result of relying on any published information. Conclusions drawn from,

or actions undertaken on the basis of, such data and information are the

sole responsibility of the reader.

THE TRADE & TRANSPORT REPORTBrought to you by CMA CGM / DELMAS Marketing

Rachel Bennett Dominic Rawle

Nigeria Service Focus Midas Line Adds New Onne Call The Midas service has extended her rotation in Nigeria with a fornightly call in Onne. This move now offers a direct service from India and the Middle East to Onne and cargo connectivity from Europe, Mediterranean, Middle East, North America and South America. Nigeria is served by six dedicated weekly services offering connections to the Nigerian ports of Tin Can Lagos, Apapa and Onne. MIDAS Rotation: Mundra - Khor Fakkan - Jebel Ali – Longoni - Durban - Walvis Bay – Luanda – Pointe Noire – Apapa – Tin Can Lagos – Cotonou – Lome – Onne – Cape Town – Coega – Durban – Mundra

SAMWAF Service Coverage ExtendedBrazil - West Africa: New Rio De Janeiro CallCMA CGM / DELMAS has upgraded its coverage of Brazil by adding Rio De Janeiro as a direct call on its SAMWAF service. SAMWAF offers a fornightly service deploying a fleet of 3 vessels of 4,250 TEU dedicated to South America. With a particular focus on the Brazil to West Africa market our coverage includes direct calls in Rio de Janeiro, Rio Grande, Itajai and Santos. SAMWAF connects to Pointe Noire, Republic of the Congo; Lome, Togo and Luanda, Angola and also offers all main West Africa ports on transhipment.

http://www.delmas.com/products-services/line-services/flyer/MIDASGR

http://www.delmas.com/products-services/line-services/flyer/SAADEL

Competitive Advantages - Fortnightly frequency - New call in Rio de Janeiro [Brazil] from August 2014 - New call in Lomé [Togo] added from May 2014 - Itajai [Brazil] added in 2013 to meet the expanding demand on the reefer market - Connection opportunities in South America at Montevideo and Asunción via Itajaí - Connection via Lome hub for cargo to Ivory Coast, Nigeria, Ghana, Senegal and other WAF destinations - Inland transportation is also provided by integrated intermodal solutions

3

AFRICAN GROUP NEWSCMA CGM / DELMAS

SWAHILI Service Extended India / Middle East - East Africa: New Nhava Sheva CallCMA CGM / DELMAS has extended its SWAHILI service with a new direct call to Nhava Sheva in India. Served by a fleet of 7 vessels with a 2,800 TEU capacity, the SWAHILI line offers a competative service from India and the Gulf to East Africa, with direct calls to Kenya, Tanzania and Mozambique. This weekly service now calls directly at Nhava Sheva, Jebel Ali, Khor Fakkan, Mombasa, Dar Es Salaam, Zanzibar and Nacala.

Service Features - Direct weekly service - Rail connections via Nhava Sheva with the major Inland Container Depots in India: Dadri, Ludhiana, Tughlakabad,

Ahmedabad, Baroda, Jaipur and Jodhpur - Inland African solutions to East Africa’s hinterland (Uganda, DRC, Malawi, Rwanda and Zambia)

West Feeder Service Extended To NamibiaWalvis Bay Call Added From mid October CMA CGM / DELMAS will add a call to Walvis Bay on its West Feeder service. This service is dedicated to servicing the Democratic Republic of Congo [DRC] calling at the ports of Matadi and Boma and also offers inland TBL links to Kinshasa by truck via Matadi.

This coastal service also connects at our Pointe Noire hub with services from Asia [Wax, Asaf], Europe & Med [PC South], India and the Middle East Gulf [Midas], South America [Samwaf] and North America [PC South].

In addition to Pointe Noire Hub, our new Walvis Bay Hub will serve DRC via feeders on 3 nominated vessels from Asia and India Middle East Gulf.

http://www.delmas.com/products-services/line-services/flyer/SWAX2

http://www.delmas.com/products-services/line-services/flyer/WFEDEL

4

Tailored Solutions For Project Cargo Inaugural Heavy Lift - Nacala, MozambiqueLoaded in Chiwan [China] on June 13 and unloaded in Nacala [Mozambique] with a transshipment in Port Kelang mid-August, the MOZEX lines transported a transformer of 67 tons.

Due to its weight, the piece was laid on a trailer using 2-mobile cranes of 200 tons capacity each, and then transported to the storage area.

This operation, which is the first made in the port of Nacala, was carried out with success thanks to a close collaboration between the operational teams of MOZEX lines, of the Agency in Nacala as well as the XXL CARGO Office in Shanghai.

For more information on XXL Cargo please see http://www.delmas.com/products-services/our-services/xxl-project-cargo

For XXL bookings and rates, please contact your local CMA CGM / Delmas agent.

XXL Cargo ServiceCMA CGM / DELMAS offers customers total transport solutions for XXL, Out of Gauge Cargo [OOG], Break Bulk and Project cargo. Our dedicated team of experts will guide you through the different loading procedures to ensure safe and secure transport. Furthermore we are a renowned African specialist and as such offer the technical expertise, secure handling and localised knowledge to help you move your cargo safely and efficiently from and to any part of the world to and from West, East & South Africa.

For more information please view http://www.delmas.com/products-services/our-services/xxl-project-cargo

Nacala

5

AFRICAN GROUP NEWSCMA CGM / DELMAS

Corporate Website1-Million TEUs Transacted CMA CGM Group has transacted over 1-million TEUs through its eBusiness platform, 4 months before the predicted date. In September, 25% of the group’s e-Bookings were processed via CMA CGM eBusiness platform.

AdvantageseBusiness through the platform guarantees comprehensive and accurate communication meaning faster handling of your transactions and a tailored service. Our platform offers access to a real-time, interactive and secure environment making our eBusiness platform your natural choice to do business.

RegistrationOn our homepage please go to the ‘eBusiness’ tab. Select ‘Registration’ from the ‘Profile’ section and complete the required information. Please be sure to select all the companies you want and the access for each one.

For more information or to register online please visit http://www.cma-cgm.com/ebusiness/our-offer

eBusiness New Sulphur Regulations

Since the creation of the first Emission Control Area (ECA) in the Baltic Sea more than 10 years ago, Ocean Going Vessels are subject to stricter regulations both at global and regional level. CMA CGM / DELMAS enforces its long-term commitment to sustainable development with a strong focus on environment preservation and as such is implementing all relevant measures in order to be compliant as from January 1st, 2015. To offer comprehensive details on this subject we have set up a new area on our website offering information on:

- New Sulphur Regulation as from January 1st, 2015 - Impacts of SOx limit reduction on shipping lines - Low Sulphur Surcharge amount per trade lane

For more information please visit https://www.delmas.com/ebusiness/tariffs/low-sulphur

6

Corporate & Social Responsibility [CSR]Lloyd’s List 2014 Award For Corporate Social Responsibility Lloyd’s List has awarded the CMA CGM Group with a Corporate Social Responsibility award. This recognises the Group’s social policy through its Corporate Foundation, and also its environmental and management policy.

- The CMA CGM Corporate Foundation supports many humanitarian projects in France and Lebanon as well as the “Containers of Hope” operation, in cooperation with Doctors Without Borders and Action Against Hunger, which provides humanitarian supplies.

- Since 2005, CMA CGM has reduced by 40% its global CO2 emissions, and is now approaching its ambitious goal of reducing by 50% CO2 emissions by 2015 all over its ship fleet. This objective is the most ambitious CO2 reduction program amongst all industry players.

- In 2013, CMA CGM proposed specific designed training for female staff.

Corporate Foundation Assist Médecins Sans Frontières In Sierra LeoneAs part of the Containers of Hope Operation and to contribute to the work of Médecins Sans Frontières [MSF] (Doctors Withour Borders) Belgium in Sierra Leone against the Ebola virus, the Foundation, has donated 5 containers.

The units were transported from Freetown to Bo and will be used by MSF as storage and office space for the new isolation center that MSF will open in Bo.

Under the Containers of Hope Operation, the Foundation has sent over 200 containers, representing nearly 1,500 tons of equipment, mainly for the MSF, Action Contre la Faim and Handicap International programs.

Eric Neute, General Manager DELMAS Sierra Leone and Ewald Stals Médecins Sans Frontières [Doctors Without Borders] in Sierra Leone [middle]

For more information on our Corporate Foundation: http://www.cma-cgm.com/the-group/foundation

7

AFRICAN GROUP NEWSCMA CGM / DELMAS

CMA CGM Gets EcoVadis Silver RatingEcoVadis, a sustainability rating agency, has rated CMA CGM Group as a ‘Silver’ grade. This annual evaluation monitors the social, ethical and environmental policy of the Group, considering the policies implemented, actions undertaken and results obtained. In 2014, CMA CGM increased its overall score by 8 points compared to 2013 and confirms its ‘Silver’ status achieved last year. With this distinction, the Group is above average in the Maritime Transportation sector while showing a significant superior performance in the environmental field.

For more information on our CSR strategy view our website at: http://www.cma-cgm.com/the-group/corporate-social-responsibility/environment

2013 Environment Highlights

Fleet Delivery of CC Jules Verne, a model of efficiency and innovation

Carbon Efficiency 40% reduction of CO2 per teu-km since 20054% reduction in 2013 [global fleet] and even 8% [owned fleet]2015 ambitious target of 50 % on good track to be achieved

Air Pollutants 4% reduction of sulphur emissions in 2013, app. 10.000 tons savedPartnerships on LNG development for containerships

Eco-solutions Launch of a tailored carbon display service on Ecommerce Platform212 000 TEU of eco-containers [bamboo, light steel, low energy]

Certifications ISO 14001 Certification obtained in 2013 for the Owned FleetIKEA IWAY Renewal

Awards Global Freight Awards – EnvironmentCarbon Disclosure Project Best Score within the sector2014 Ecovadis Sustainability Rating – Silver Level

Environmental Features of CMA CGM Group Equipment

EcoVadis EcoVadis is a rating agency specialized in CSR and currently evaluating over a hundred multinational groups in the framework of their Sustainable Procurement policies. It aims at improving environmental and social practices of companies by leveraging the influence of global supply chains.

8

October 2014 23-24 12th Intermodal Africa (Durban, South Africa) http://www.transportevents.com/EventsDetails.aspx?EventID=EVE113

November 2014 3-8 14th World Conference Cities and Ports (Durban, South Africa) http://citiesandports2014.aivp.org/en

11-13 Africa Com 2014 (Cape Town, South Africa) http://africa.comworldseries.com/

16-17 Nigeria Com (Lagos, Nigeria) http://nigeria.comworldseries.com/

17-19 9th African Economic Conference (Addis Ababa, Ethiopia) http://www.uneca.org/aec2014

19-21 5th Africa Public Private Partnership Conference (Abidjan, Ivory Coast) www.africappp.com

29-30 15th Francophonie Summit (Dakar, Senegal)

December 2014 1-5 Maritime Week Africa 2014 (Cape Town, South Africa) http://citiesandports2014.aivp.org/en

January 2015 29-30 9th Indian Ocean Ports & Logistics (Maputo, Mozambique) http://www.transportevents.com/EventsDetails.aspx?EventID=EVE115

March 2015 19-21 ZAMBIAWATER: Zambia Water Infrastructure (Lusaka, Zambia) www.zambiawater.com

26-27 13th Intermodal Africa North 2015 (Lagos, Nigeria) www.zambiawater.com

June 2015 18-19 West Africa Anti-Corruption Summit (Accra, Ghana) http://www.c5-online.com/2015/624/west-africa-anti-corruption-summit

9

AFRICAN SHIPPING

EVENTS DIARY

Angola - Angola plans to increase oil output to 2 million barrels a day by

2017. That would be two years behind an earlier target. - China remained as Angola’s main export destination in the

first half of 2014. Figures showed that in the first six month of the year China bought goods from Angola worth over 1 trillion kwanza, accounting for over 50 percent of Angola’s exports.

- UK Diageo [Smirnoff/Johnny Walker] is to register a distribution company to strengthen business in Angola.

Chad - Chad expects to double oil production by the end of 2015

as new fields come on stream and has appointed firms to inventory potential mineral deposits in an effort to diversify the economy.

Cote d’Ivoire - Amara Mining will invest $400 million over the next 2-years to

build one of Africa’s largest gold mines at its Yaoure property in Ivory Coast with production due to start in 2017.

- Canada’s Endeavour Mining will produce around 120,000 ounces of gold at its Agbaou mine in Ivory Coast, up from an earlier forecast of 85,000 to 95,000 ounces.

Liberia - Iron-ore Tawana Resources has received approval from the

Liberian Ministry of Lands, Mines and Energy (MLME) to begin negotiation of its mineral development agreement (MDA) for the Mofe Creek project.

Niger - Niger Republic’s Ministry of Petroleum said that it has sealed

a production-sharing deal with British oil firm Savannah Petroleum that will see the firm invest $90 million in an oil project in the West African country in 2015.

Nigeria - Lagos Deep Offshore Logistic Limited and Samsung Heavy

Industries Nigeria Limited, have kicked off the construction of the $3.8 billion Egina Floating Production Storage Offshore. The project, meant for Egina oil field development, operated by Total Upstream Nigeria Limited and Nigeria National Petroleum Corporation, joint venture, is taking off two years behind schedule owing to some contractual hitches.

Senegal - Kosmos Energy is set to sign a US$400 million “farm-in”

agreement with Senegal’s state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate.

- Oil explorer Cairn Energy and its joint venture partners have discovered oil at a well offshore Senegal and further exploration work nearby is already planned. The companies encountered 29 metres of net oil bearing reservoir at the FAN-1 well, located around 100 km off the coastline and 1,427 metres deep.

Western AfricaEthiopia - POLY GCL Petroleum Investment Limited announced that it

plans to start extracting natural gas by 2018. According to the current plan, the first stage of the project will produce around 3 million tons of Liquefied Natural Gas annually.

Kenya - Rift Energy Corporation is entering into the first additional two-

year exploration program on Block L19 in northern Kenya. This was after meeting or exceeding all contractual requirements of the initial two-year exploration program.

Mozambique - Metals of Africa has extended due diligence on the Balama

Central Project in the world class Cabo Delgado graphite province in Mozambique by six weeks to allow the flying airborne electromagnetic survey.

- Mozambique plans to launch a tender to award 15 new blocks for oil exploration and production, covering an area of 76,800 square kilometres. The tender includes three offshore concession off the coast of Cabo Delgado province, in the eastern area of the Rovuma sedimentary basin.

Rwanda - Rwanda expects to have a new investment code at the start of

2015 that could offer incentives such as 7-year tax holidays for bigger investors and sharply lower corporate taxes.

- Belgium is continuing its support for Rwandan development by releasing another euro 13.5 million (about $17 million) as part of its Indicative Cooperation Programme worth euro 160 million.

South Africa - Mining giant BHP Billiton has signed a ten-year contract with

South Africa-based logistics company Transnet for transporting coal on rail. Under the US$2.1bn deal signed with BHP Billiton Energy Coal South Africa (Becsa), Transnet would transport around 18 million tonnes of coal a year from Becsa’s mines in the eastern Mpumalanga province to the privately-owned Richards Bay Coal Terminal (RBCT) in KwaZulu-Natal province.

Zambia - Zambia, Africa’s second-biggest copper producer, is

considering raising its mineral-royalty rate and removing corporate tax for mining companies.

Zimbabwe - The Zimbabwe Electricity Supply Authority is losing more

than 20 percent of its electricity through poor infrastructure. Zimbabwe is currently experiencing a power deficit with peak demand of 2,200 MW against generation and imports of 1,100MW and government has encouraged independent private producers (IPPs) to step in to cover the deficit.

- Industrial grade diamonds dominate Zimbabwe’s gem exports, although sales sharply declined to $188 million in 2013 from nearly $658 million in the previous year.

Eastern & Southern Africa

10

AFRICAN PROJECT

BRIEFS

UN Climate Summit Moving Forward On Sustainable Transport AgendaA historic 1-day UN Climate Summit was held in New York City with 125 heads of state in attendance. UN Secretary General Ban Ki-moon and US President Barack Obama urged all nations – developed and developing – to agree on a global deal before the 2015 Climate Summit in Paris. They also called for more climate finance investments to develop a climate-smart planet. Specifically, the African Development Bank [AfDB] participated actively in the discussions about transport, a key sector in reducing CO2 emissions and made specific pledges on behalf of sister multilateral development banks. The transport sector accounts for over 90% of primary oil demand and is responsible for 23% of energy-related CO2 emissions. Africa has comparably low CO2 emissions from transport: 215 kilograms CO2/per capita in 2008, representing 25 times lower than the world average. However this figure is expected to increase with the rise in Africa’s total oil demand.

The AfDB places high importance on sustainable transport and services in Africa and highlighted the commitment by Multilateral Development Banks [MDBs] of US$175 billion in financing over 10 years for sustainable transport. The AfDB invested more than US$1.7 billion in 2013 in the sector with the intention of increasing focus on developing sound urban transport systems, greater modal shifts from motorized transport and greener sources of energy in the years to come.

[AfDB 24/09/14]

Canada-Africa Business Summit The inaugural 4-day Canada-Africa Business Summit hosted by the Canadian Council on Africa [CCAfrica] brought together African government representatives, and members of Canadian and African business communities and non-governmental organizations. The summit featured a series of plenary sessions, panel discussions, documentaries, networking events and business-to-business meetings. Meanwhile Canada is to provide US$309.3 million to support the growth of small and medium size enterprises, enhance value chain development and expand wealth creation through the African Development Bank [AfDB]. The Ethio-Canada Investment and Business Summit held in parallel successfully showcased Ethiopia’s business potential and opportunities. Canada will also contribute US$12.5 million to strengthen mining expertise in Ethiopia.

[CCAfrica 19/09/14]

11

PAN AFRICA

TRANSPORT / TRADE

US$8.5 Billion Funding For Suez Canal ExpansionEgypt has raised US$8.5 billion to fund a project to expand the Suez Canal. The funds raised in just 8-days after banks issued investment certificates to finance the project, which is aimed at expanding trade along the fastest shipping route between Europe and Asia. The Suez Canal project includes the development of 76,000 sq km around the canal into an international industrial and logistics hub to attract more ships and generate income. Officials have said the new development would boost annual revenues from the Suez Canal, which is operated by the state-owned Suez Canal Authority, to US$13.5 billion by 2023 from US$5 billion currently. The 5-year investment certificates have a 12% interest rate and were issued by the National Bank of Egypt, Banque Misr, Banque Du Caire, and Suez Canal Bank.

12

Borderless Alliance, Trade Hub And Africa Partners Network Sign MoUOn August 4th, the Borderless Alliance signed a MoU with the USAID Trade Hub and African Partners Network [WATHN] in Accra, Ghana.

This MoU formalizes the relationship between Borderless Alliance and the Trade Hub and establishes a framework for cooperation in the implementation of programs and projects to promote trade and private sector competitiveness across West Africa.

All parties will promote private sector transport competitiveness, investment and regional trade; monitoring of corridor trade and transport performance.

Each will monitor gaps in the implementation of Community Protocols and Policies, International Instruments and Bilateral Agreements by ECOWAS and UEMOA Member States and relevant stakeholders with the aim to enhance competitiveness in regional trade as well as strengthen regional integration and an effective free movement of goods.

[Borderless 14/09/14]

E-Platform For Reporting And Monitoring Non-Tariff BarriersA proposal bu the Borderless Alliance to develop an E-Platform to report and monitor Non-Tariff Barriers [NTBs] in West Africa has been approved.

Under the auspices of the DFID Support to West African Regional Integration Programme [SWARIP] Regional Policy fund, Borderless Alliance met web developers to provide initial content for the e-platform. Consultants included the administrator for www.tradebarriers.org, a similar platform operational in Southern Africa, and developers from Octoplus Information Solutions in South Africa.

The mechanism for reporting and monitoring NTBs is a private sector initiative whose ultimate objective is to improve identification and monitoring of NTBs as well as contribute towards the improvement of the policy environment. It will act as an advocacy tool that will enable real-time interaction between private and public sector stakeholders.

The tool will provide evidence required to engage high level regional stakeholders in addressing barriers faced by traders. The stakeholders are drawn from the various supply chains including port authorities, freight forwarders, logistics operators, manufacturers, traders and farmers. The mechanism will initially focus on the Abidjan-Lagos Corridor which includes 5-countries [Cote d’Ivoire, Ghana, Togo, Benin and Nigeria].

[Borderless 14/09/14]

13

WESTERN AFRICA

ECOWAS / TRADE

Cote d’IvoireExport Council Established To Manage National Export-StrategyA National Export Council has been established by the Government of Côte d’Ivoire to manage and monitor the country’s soon to be launched National Export Strategy [NES]. The establishment of a legally recognized public-private consultative platform indicates the government’s commitment to the NES, which has been developed with the technical assistance of the International Trade Centre [ITC] under the Trade Support and Regional Integration Programme for Côte d’Ivoire [PACIR] as part of efforts to support the country’s integration of regional and international trade. PACIR is funded by the European Union.

NES will serve as the reference roadmap for export development and competitiveness to boost growth in line with its aim to become an emerging-market economy by 2020. Priority sectors are rubber, cashew, cotton-to-clothing, tropical fruits, cassava, and information and communications technology. The cross-sector functional strategies selected include trade information and promotion; access to finance; packaging and quality management; export-related capacity-building; and trade facilitation and logistics. It is expected that Côte d’Ivoire’s NES will be formally launched before the end of the year.

[International Trade Centre 14/09/14]

NigeriaIndia And Nigeria To Deepen Trade RelationsTrade relations between Nigeria and India may be on the upswing, as both countries are soon to sign the ‘Double Taxation Avoidance Treaty’, as part of steps initiated to promote the bilateral economic ties and radically increase the volume of trade. The volume of trade between Nigeria and India will hit US$20 billion [N3.2 trillion] before the end of 2014 up from US$19.5 billion in 2013.

[Guardian 27/09/14]

Export To China Rises By 117.9%The Consul General of the Peoples Republic of China, Liu Kan, placed the trade volume between Nigeria and China in H1 2014 at US$11.76 billion.

Nigeria’s export to China during the period rose by a significant 117.9%, higher than all the export from Nigeria to China in 2013.

Noting that Nigeria now is the biggest export market for China, and the third largest partner in Africa, Kan noted the advantages of the Nigeria economy attract more Chinese enterprises to invest in Nigeria. By the end of 2013, non-financial direct investment from China to Nigeria amounted to US$1.79 billion.

14

AngolaInvesting US$3.9 Billion In Logistics PlatformsAngola plans to build 44-ogistics platforms to foster regional and national development, linking transport networks in Angola to the rest of the African continent, according to a study by the Ministry of Transport. The future National Network of Logistic Platforms, with an estimated cost of US$3.9 billion, includes 5-logistics hubs, 10-road and rail transport centres, and 5-air cargo centres and other goods and logistics support facilities.

The project is already underway with the acquisition of land and the development of technical, environmental impact and economic viability studies. Already under construction are the platforms in the provinces of Malanje, Moxico, Huila and Kwando Kubango, in addition to a logistics centre in Soyo [Zaire province]. Interconnection between these platforms and the national rail network, based on the Luanda, Benguela and Namibe [Moçâmedes] railroads is also planned, covering the areas of greatest industrial, mining and agricultural activity, to transport goods and optimise domestic production.

[Macauhub/AO 23/09/14]

CameroonDIT Adds Four Gantry Cranes To Ease Congestion At Douala Port On September 12th, concession owner of the container terminal at the port of Douala, added 4-new gantry cranes built by the Finnish company Konecranes. This FCFA 4 billion investment falls within the measures taken by DIT to ease congestion at Douala port by speeding-up truck and ship deliveries. The container terminal operator has been facing an unprecedented traffic for almost a year.

[Business in Cameroon 23/09/14]

GhanaTransnet National Ports Authority Signs Agreement With GPHATransnet National Ports Authority [TNPA] has signed a Memorandum of Understanding [MoU] with Ghana Ports and Harbours Authority [GPHA] to share maritime experience and exchange of technical expertise in port management, operations, engineering and training. TNPA has previously signed similar memoranda with port authorities in Mozambique and Namibia. It plans to do likewise with Angola, Kenya, Tanzania and Sudan later this year. The move is part of economic integration in the Southern African Development Community [SADC] region. Co-operation would reduce the cost of doing business in the region by making ports more efficient and reliable, as well as increase trade within SADC.

[Business Report 12/09/14]

15

WESTERN AFRICA

PORTS

NigeriaUS$800 Million To Execute Lekki Deep Seaport ProjectThe promoter of Lagos Free Trade Zone [LFTZ], Tolaram Group, is shopping for US$800 million from local and international financial institutions to actualise the proposed Lekki Deep Sea Port project. The Nigerian Ports Authority [NPA] has already concluded its due diligence on the project through an auditor to ensure accountability and transparency. LFTZ confirmed that it has secured US$150 million loan from the Africa Development Bank [AfDB] to execute the project - part of the proposed US$800 million. Under the arrangement, the fund would be used for the construction of breakwaters, quays, approach channels, dredging of the basin and captive utilities such as water and power.

The port, when completed, will handle 2.5 million TEUs, 16.7 million tonnes [MT] of liquid cargo and 4.5 MT of dry bulk. Construction is expected to start in January 2015, while the container terminal would begin in December 2018. As part of measures to ensure that the port becomes operational in 2018, Tolaram has put together leading global consultants such as Standard Chartered Bank, the Louis Berger Group Inc., Delta Marine Consultants, BMT Asia Pacific, TBA Netherlands, Jardine Lloyd Thompson Pte Ltd and GMaps. The EPC contractor, China Harbour Engineering Company has been appointed to build the port and the container terminal has been sub-concessioned to International Container Terminal Services, Inc, Philippines, a leader in the container terminal operations.

The proposed port is also expected to serve the interest of land-locked countries such as Chad, Niger, Mali, Sudan and Central Africa Republic. The proposed deep seaport has capacity for containers, liquid and bulk terminals, and 14 million draughts, among others. The deep seaport is a US$1.5 billion public private partnership [PPP] project between the Federal Government [represented by the Nigerian Ports Authority], the Lagos State Government and the Tolaram Group.

[Guardian 11/09/14]

16

Holding Bay For Trucks Along Lagos Port Access RoadTo successfully tackle the perennial traffic grid lock along Lagos Port access roads, the Nigerian Shippers’ Council in collaboration with the Federal Roads Committee on Surveillance and Action Against Road Abuse [FERCSARA] has acquired 2-new holding bays for trucks. Located at Coker Bus Stop, Orile and along Oshodi-Apapa expressway, the facilities have capacity for 4,000 trucks over an of 42,000m2 which will be divided among all shipping terminals to hold trucks carrying empty containers. A FERCSARA sensitization tour is educating truck drivers and other stakeholders on the need for voluntary compliance to traffic rules and regulations.

[Guardian 01/10/14]

NPA Enforce Minimum Standards For Trucks In Nigerian Ports The Nigerian Ports Authority [NPA] will commence the enforcement of safety standards for trucks operating in the nation’s ports by October 2nd. The move will ensure trucks meet basic international safety requirements for maritime operations.

[Independent 22/09/14]

NPA Unveils Electronic Ship Entry NoticeThe Nigerian Ports Authority [NPA] has unveiled an electronic ship entry notice [e-SEN] for vessels calling at the nation’s seaports in a bid to fast track payment procedures, conform seamlessly with trading patterns and to be in tune with international standards and practices. The portal introduces stakeholders and customers to a range of services provided by the authority and payment modules featuring a compilation of existing ships from the Lloyds Register of Ships.

For years, the Ship Entry Notice [SEN] process was done manually. The platform will eliminate unnecessary delay of vessels in the ports, reduce high demurrage payments, and delay in 48 hours of clearing processes. Others benefits are the elimination of delay in confirmation of payment of provisional bills, long documentation and other confirmation processes involved in the entry and exit of vessels.

[This Day 19/009/14]

E-Payment Improves Onne Ports OperationsThe introduction of e-payment has helped improve operations at Onne port. The move has helped to reduce cargo clearing time as well as ship turn around time. In the past, importers and agents had to return to the port after making payment for confirmation as the NPA had to contact the banks to ensure that payment had been made, thereby causing delay in both cargo and ship dwell time. Furthermore a command and control center recently set up at the head office has made information about ship position accessible.

The center can effectively monitor and control any form of delay at the berths in any port, resulting in improvement on vessel and cargo traffic. Meanwhile the capacity utilisation of the port has hit 85% with near completion of phase 4 of the infrastructural development. The contract for phase 4B has been signed by the Federal Government with Intels Nigeria Limited.

[Vanguard 15/09/14]

17

WESTERN AFRICA

PORTS

TogoLome Transhipment HubExpansion work at Lomé port is nearing completion with the Lomé Container Terminal [LCT] offering 12 gantry cranes that can accommodate the latest generation of ships. The project will cost €324 million and is the largest foreign direct investment ever made by the private sector in Togo. The Finance Corporation International [IFC] and World Bank Group has mobilized a consortium of donors consisting of the African Development Bank [AfDB] Bank, Deutsche Investitions- und Entwicklungsgesellschaft [DEG], the Dutch FMO, the the OPEC Fund for International Development [OFID] and French PROPARCO a Development Financial Institution partly owned by Agence Française de Développement [AFD]. Once operational the transhipment terminal will have an annual capacity of 2.2 million TEU. LCT is owned 50-50 by Global Terminal Limited [GTL] and China Merchants Holdings [CMHI].

[TOGO 020/9/14]

18

NigeriaNigeria Mulls Designation Of 6 ICDs As Ports of OriginNo fewer than 6-approved inland container depots [ICDs] across the country will be designated as ports of origin by the federal government. The ICDs are located at Isiala Ngwa in Abia State; Funtua in Katsina State; Ibadan, Oyo State; Kano, Kano State; Jos, Plateau State and Maiduguri, Borno State. The financiers are insisting that the ports must be designated as ports of origin and destination for export and import of cargoes as a pre-condition to extend any financial indulgence to the operators. This means that cargoes can be generated from the ports, and then cargoes can be charged and cleared from the ports without going through the regular cost in clearing cargoes.

As soon as approval is granted that cargoes can be generated and indeed discharged and cleared in the ports, they will be in operation. The measures are designed to decentralise port services and strengthen port operations to promote the movement of goods with minimal delays and cost and eliminate trade barriers. The Nigerian Shippers’ Council [NSC], the implementing agency, will regulate, monitor and coordinate the project.

[This Day 19/09/14]

Funtua ICD GroundbreakingA ground breaking ceremony has been held at Funtua ICD in Katsina State. The dry port facility is equipped to handle and temporarily store containers and empty cargoes which can receive goods directly from their points of origin.

[This Day 19/09/14]

19

WESTERN AFRICA

ICD

CongoRules And Regulations For Second Hand CarsFollowing decree #00747 issued by the Ministry of Economy and Finance of the Republic of Congo issued on September 4th all second hand vehicles imports to Congo must have the following information on the bill of lading: - Reference of carte grise - Chassis Number and vehicle type - First date the car has been put into traffic

The new regulation comes into force as from November 2014.

GhanaNew Conformity Assessment Program [G-CAP]There has been ongoing debate concerning the implementation of a ‘Ghana Conformity Assessment To Standards (G-CAP)’ program mooted to commence October 1st. An official notice has been issued by the Ghana Standards Authority [GSA] suspending this scheme for further stakeholder discussion and sensitization programs.

For more details contact:Ghana Standards AuthorityP.O. Box MB245, Accra, GhanaTel:+233 (0)302 500065/6E-mail: exdsec@gsa.gov.ghWebsite: www.gsa.gov.gh

20

REGULATRY WESTERN AFRICA

Trademark East Africa Launches New Online Platform To Boost Regional TradeTradeMark East Africa (TMEA), which works closely with East African Community (EAC) institutions, national governments, the private sector and civil society organizations to increase trade by unlocking economic potential, has recently unveiled a web-portal to serve as a one stop shop on information in trade, markets and integration for the entire region.

TMEA has a track record for executing strategic projects aimed at boosting regional integration and trading. One of such past projects is the construction of One Stop Border Posts (OSPBs) at the Kenya-Tanzania border which saves both time and money for traders.Also, it recently, in partnership with key stakeholders drawn from government agencies, private sector and the third sector, established a Northern Corridor Performance Dashboard to capture and transmit live data that show the quality of intra-regional trading. Examples of the sort of data covered by the dashboard includes ship waiting time, vessel turnaround time, and cargo dwell time. The information, which can be readily accessed by anyone, helps the relevant agencies in pinpointing possible barriers to trade.

Overall, TMEA has injected $53 million in the port corridor rehabilitation so as to strengthen infrastructure, improve productivity and create an enabling institutional framework. A proof that these efforts are yielding fruits is expressed in the value of Foreign Direct Investments to East Africa which rose by 15 percent to $6.2 billion in 2013.

[Ventures 08/10/14]

21

EASTERN AFRICA

EAC / COMESA / TRADE

KenyaMombasa To Tax Goods Imported Through PortProposals by a local authority to impose new taxes on cargo at Kenya’s main port has drawn opposition from the government and shippers, saying it will hike import prices and make the east African trade hub less competitive.

The government has been striving to improve efficiency at Mombasa port, the congested gateway that serves Kenya and landlocked states such as South Sudan, Uganda and Rwanda. Customs reforms and other steps have cut transit times and costs, but government officials and shippers say such gains could be undermined if the local authority succeeds in imposing extra taxes using powers granted to Kenya’s regions under the 2010 constitution. The government says it will oppose any move to add new levies but the case will test Nairobi’s ability to challenge local government decisions.

Under the county government’s 2014/15 Finance Bill, a Transport Infrastructure Development Levy is to be applied to ships calling at the port. The levies will be collected by Mombasa county through the port managers once the bill is ratified and implemented. The bill has also introduced Port Health Fees and Charges for exports, imports, supervision and destruction of condemned goods, as well as the spraying and fumigation of vessels. Port users will be required to pay export permits and import clearance and shipping lines will have to pay for vessel inspection each time they dock at the port. This has already caused an uproar, with the Shippers’ Council of East Africa and Kenya Association of Manufactures saying that it will be double taxation, since there are other institutions in charge of regulation at the port.

Political observers said that the Mombasa government is trying to introduce charges at the port in an attempt to flex its muscle to try and control the facility’s operations. Mombasa Governor Hassan Joho and Senator Hassan Omar have been in the forefront championing the devolution of the port facility to the county government.

[The Star 29/09/14]

Tanzania/KenyaPilot Single Customs DealUnder a pilot scheme, intra-trade and maritime import goods within Kenya and Tanzania’s Single Customs Territory [SCT] now have to be cleared by customs officials in the destination country before they are released.

Intra-trade goods include rice, maize, sugar, soap and detergents, cigarettes, edible oils, alcoholic products, steel and iron products. Maritime goods imported through the ports of Mombasa and Dar es Salaam include motor vehicles, electronics, textiles and fabrics.

Imports of rice, sugar, cigarettes, second-hand clothes and shoes, beverages, alcoholic drinks, dry cell batteries and neutral spirits destined for Uganda through the port of Mombasa shall also be subjected to the SCT procedures.

The SCT procedures allow traders to make customs declarations electronically, which allow them to be processed and released by revenue agencies in destination countries before they are loaded.

The initiative hopes to address of diversion of goods through dumping and smuggling, to increase revenue collections by destination countries and to slash unnecessary costs for traders.

[Star 11/09/14]

Costs - US$20 per tonne of exports - US $20 per tonne to clear imports - Each ship to pay US$60 for inspection - US $60 per square metre for compulsory

spraying against disease - US $40 per container for verification

Kenya

Tanzania

22

Mozambique US$3Billion Plan Aims To Extract Regional Port, Rail Integration BenefitsMozambican port and rail authorities plan to invest around US$3-billion over the next few years to raise yearly throughput at the Maputo port to between 40-million and 50-million tons by 2020 and to migrate more cargo from road to rail. The investment will be used for further dredging works and the development of 3-new quays at the port. Maputo was recently dredged to a depth of 11m and this will be increased to 14m, allowing it to handle larger vessels.

Operating parallel to the port improvements, railways utility Caminhos de Ferro de Moçambique [CFM] is planning to invest around US$2-billion into new infrastructure and rolling stock over the same period to increase rail’s contribution to cargo flows at the port. The proposed investment would be directed towards the purchase of new locomotives and wagons, with about US$600-million to be used to upgrade and repair infrastructure.

The Maputo Port Development Company [MPDC], which is a private concessionaire that includes South Africa’s Grindrod and DP World as leading shareholders, handled 17-million tons in 2013 and volumes were expected to rise to over 19-million tons this year. But with only about 40% of its freight delivered by rail, MPDC and CFM have developed a common development path in a bid to align the port’s expansion with proposed rail investments. The bulk of the volumes moving through the port are considered ‘rail friendly’, with commodities handled including magnetite, coal, chrome ore and ferrochrome, from South Africa, and iron-ore and sugar, from Swaziland.

The investments are part of the Maputo Corridor Port JOC. In operation since 2013, the JOC, which coordinates the operations of Transnet Freight Rail, CFM, Swaziland Railway and the MPDC, has facilitated improvements in rail and port turnaround times. Train dwell times fell by 24% in Komatipoort, on the South African side of the border, while waiting times at the Maputo harbour fell 57%. Magnetite exports from South Africa increased from an average of 10 trains a week to 18 trains and the turnaround time in Maputo fell 47%, from 118 hours to 62 hours.

South Africa’s Transnet is working on other cross-border operational partnerships, including one along the so-called North-South Corridor with Zimbabwe, Zambia and the Democratic Republic of Congo, with a hub in Bulawayo. Another JOC had been established in Botswana.

[Creamer 22/09/14]

23

EASTERN AFRICA

PORTS

SomaliaTurkish Firm Al Bayrak To Manage Mogadishu PortThe federal government of Somalia has finally approved Turkish firm Al Bayrak to take the management of the Mogadishu harbor. Somalia’s government will receive 55-percent of the port’s income while Al Bayrak will get the other 45-percent for future development and construction cost. If properly developed, the port could compete with other regional sea ports like Mombasa in Kenya and Djibouti in the neighboring Djibouti. Turkish firms are heavily involved in reconstruction of Somalia since former prime minister now president Reccep Tayyip Erdogan visited Somalia in 2011.

[Somali Current 21/09/14]

TanzaniaNew Heavy-Duty Cranes Arrive At Dar Es Salaam PortCargo clearance at Dar es Salaam port is set to improve after the arrival of heavy duty cranes for the Tanzania International Container Terminal Services [TICTS]. The new heavy-duty equipment include two SSG [Ship to Shore Gantry] and seven RTG [Rubber-Tyred Gantry] cranes. The cranes are from Shanghai-based Zhenhua Heavy Industry Co., Ltd and were purchased at a cost of US$20 million. The new equipment will have the ability to handle vessels with containers stacked 13 rows across and have a lifting capacity of 41 tonnes. The investment is part of TICTS owner Hutchison Port Holdings’ commitment to improve infrastructure at Dar-es-Salaam port as part of their container terminal leasing agreement which runs through 2025.

[Daily News 26/09/14]

Mtwara Port For Major ExpansionTanzania Ports Authority [TPA] has approved US$1.77 million for the improvement of Mtwara port this year. The investment will be used to improve infrastructure, buy new cranes, tractors, trailers and expand the cargo yard fences. TPA has already occupied 26,800ha of land for port expansion in the near future, under the project worth US$241 million to construct a modern free port zone. The expansion intends to build capacity and prepare the port for the export of liquefied natural gas, which was recently discovered in the Mtwara and Lindi region. Cargo traffic at Mtwara reached 356,356 tons for both loaded and offloaded cargo last year. The port has seen a rise of 39.4% in docking ships over the past four years.

[EA Business Week 28/209/14]

US$565 Million For Dar Es Salaam PortA Memorandum of Understanding [MoU] between Tanzania Ports Authority [TPA], Ministry of Transport and World Bank, UK’s Department for International Development [DFID] with Trade Mark East Africa has been signed for a US$565 million financing for Dar es Salaam port expansion and modernisation. The funding is phase one of Dar port’s expansion plan, which will also include over US$700 million funding in phase two.

The funding will be used to deepen berths 1 7, constructing new terminals, build a new berth and a roll-on roll-off terminal, and to improving operational effectiveness with the goal to support Tanzania’s

target of increasing port capacity from the 14.6m tonnes handled in fiscal year 2013/14 [July June] to 28m tonnes by 2020. Combined with plans for Bagamoyo port, the Dar es Salaam port expansion could give Tanzania a huge advantage over Kenya as east Africa’s transportation hub and trade gateway to the landlocked countries in the Great Lakes region.

Project implementation remains a big hurdle for Tanzania, however. The executing contractor is yet to be chosen and the last attempt to expand Dar es Salaam port through the construction of berths 13 and 14 has not progressed smoothly. The deal with the Chinese contractor was cancelled and the project given to a Congolese firm, Impala Africa, without a new tender. Since then no progress has been made. Similarly there has been no news on Bagamoyo port after reports earlier this year stated that the start-up of construction was imminent and that the project was now being fast-tracked under the government’s Big Results Now initiative, part of Tanzania Vision 2025.

[All Africa 13/09/14]

24

MozambiqueMozambique Close To Implementing Customs Exemption As Part Of SADCMozambique is expected to conclude its implementation of customs tariff exemptions as part of the process of building a free trade zone in the Southern African Development Community [SADC] in 2015. The SADC free trade zone is part of efforts by member countries for greater regional economic integration, with other targets including a Customs Union, a Common Market and the as creation of a Monetary Union ahead of a regional central bank and single currency.

[Macauhub/MZ 12/09/14]

25

SOUTHERN AFRICA

SADC / TRADE

NamibiaWalvis Bay Harbour Work To Start A Year EarlyNamibia Ports Authority has announced that work on a new port in Namibia to export commodities and import fuel for southern African states will start in 2015, a year earlier than initially planned.

A US$360 million oil-tanker jetty, petroleum pipelines and 75 million liter oil storage facility form part of the first phase. The harbor, known as the Southern Africa Development Community Gateway port, will be built 5km north of Walvis Bay. China Harbor Engineering Co. and the state-owned Roads Contractor Co. were awarded the tender to build a tanker jetty able to handle two 60,000 metric ton deadweight tankers, at any given time. The second and third phases of the port, initially slated to start in 2020, involve construction of a dry-bulk terminal and a five-berth coal terminal, primarily to cater for 65 million tons of projected shipments from Botswana’s Mmamabula coalfields.

Namibia and Botswana are jointly developing a 1,500 kilometer Trans-Kalahari railway to transport coal from eastern Botswana to markets in China and India. The new port is also intended to handle increased shipments from the Democratic Republic of Congo, Zambia and Zimbabwe.

[Bloomberg 17/09/14]

South AfricaCape Town Harbour To Get R650m Multi-Purpose Storage FacilityOil and fuel storage facilities in Cape Town harbour are to get a R650m investment over the next two years to expand facilities and make the terminal a multi-use and multi-product facility. Burgan Cape Terminals has been granted the company a 20-year lease of the facility, located in the harbour mole [an island-like facility in the harbour]. Burgan is a joint venture [JV] company with its majority stake of 70% held by Dutch-based storage group VTTI and 15% each held by Thebe Investment Corporation and Jicaro. Oil and fuel companies will rent space from Burgan for the storage of their products. Expansion of the facilities at the terminal will include increased and more efficient truck loading, and an expansion of the tanker-berthing facilities from two to three.

[BD Live 18/09/14]

Transnet Appoints New COOSouth Africa’s state-owned Transnet National Port Authority [TNPA], which provides port infrastructure and marine services at the country’s 8-commercial seaports, has appointed Phyllis Difeto as chief operating officer [COO].

[Transnet 21/09/14]

26

PORTSSOUTHERN AFRICA

Transnet To Invest R33bn At Western Cape PortsThe Western Cape’s port terminals stands to benefit from a R33-billion investment by Transnet Port Terminals [TPT] on its regional terminal upgrades. The spending is directed towards the buying of equipment, reconfiguration and upgrade of facilities, and training of staff.

Amongst these investments, the container terminals at Durban Pier 1 and 2, Port Elizabeth, Ngqura and Cape Town would receive R2.97bn for both equipment and infrastructure over the next two financial years, taking overall capacity from 4 million TEU to 7 million TEUs by 2019. Transnet is also investing an additional R300bn in its market demand strategy – a seven-year infrastructure programme that will see the modernisation of South Africa’s rail, port and pipeline infrastructure.

The Cape Town Container Terminal expenditure of R115m in 2015/16 is part of the port’s R5.7bn infrastructure spend and is directed towards new panamax cranes, stackers, the second phase of the expansion project, and the resurfacing of the refrigerated container stack set for completion over the next two years.

Durban Pier 2 is to receive 15 twin-lift straddles, two rail-mounted gantries and two ship-to-shore cranes this year, while the South Quay is due for an upgrade to be completed next May, along with the full automation of the truck staging area. The overall spend at Pier 2 will be R1.3bn and will increase the terminal’s container handling capacity to 3.3 million TEUs by 2017. Durban Pier 1 will see the mid-life refurbishment of 18 rubber-tyred gantry cranes, six ship-to-shore cranes, and the delivery of two reach stackers over the next two years. New staff facilities at Berth 107 were completed in February, and construction on the central staff facility has started, making the project total R70 million. Pier 1 will increase its handling capacity to 1.3 million TEUs by 2016.

TPT’s Richards Bay Terminals will also receive about R407m investments in the current financial year, and R515m in 2015/2016 towards creation projects and equipment. The buying of two additional grab unloaders are planned for 2016/2017, while the construction of additional capacity worth R347m is already in progress, due for completion next year.

Additional developments include the Ngqura Container Terminal (NCT) and taking delivery of new rubber-tyred gantries and mobile harbour cranes in March as part of a R1.1bn investment. This will see the terminal increase its handling capacity to 1 million TEUs in the current financial year because of the additional berth that is already in operation and complemented by the terminal’s new equipment. Ngqura Container Terminal was opened in October 2009 and has enjoyed phenomenal growth in its period of operation, having begun with a throughput of 78 935 TEUs in its first year of operation.

Port Elizabeth Terminal is to take de-livery of 10 straddle carriers and have quay side rails replaced during the next two years at a cost of R334m.

In the past financial year the market demand strategy has seen significant investment on the facilities that handle mineral exports, such as the Saldanha Iron Ore terminal which includes installation of a new tippler worth R1.2bn, mid-life refurbishment of existing terminal equipment, and conveyor belt replacement.

[Business Reporter 07/10/14]

27

SOUTHERN AFRICA

PORTS

28