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Abidjan gains bank funding to go ahead with second box terminal
A SECOND container terminal is to be built at Abidjan port in Ivory Coast after EUR200 million (US$272.81 million) was raised by the Banque Atlantique, SocGen and Afreximbank.
The new contract, awarded to a group led by France's Bollore last year, will boost capacity at one of Africa's busiest ports that serves as a gateway for landlocked nations to the north a transit hub for the world's top cocoa grower.
Port traffic is booming and total tonnage surpassed 21 million tonnes in 2013, reported Reuters.
Banque Atlantique has raised EUR100 million and Societe Generale and Afreximbank provided EUR50 million each, according to director general of Banque Atlantique Souleymane Diarrassouba.
"It's to allow the port of Abidjan to start the work on a second container terminal," said Mr Diarrassouba, without giving a figure for the total cost of the project.
The port deal also includes France's Bouygues and a subsidiary of Maersk.
The new contract, awarded to a group led by France's Bollore last year, will boost capacity at one of Africa's busiest ports that serves as a gateway for landlocked nations to the north a transit hub for the world's top cocoa grower.
Port traffic is booming and total tonnage surpassed 21 million tonnes in 2013, reported Reuters.
Banque Atlantique has raised EUR100 million and Societe Generale and Afreximbank provided EUR50 million each, according to director general of Banque Atlantique Souleymane Diarrassouba.
"It's to allow the port of Abidjan to start the work on a second container terminal," said Mr Diarrassouba, without giving a figure for the total cost of the project.
The port deal also includes France's Bouygues and a subsidiary of Maersk.
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