{"id":4304,"date":"2017-12-05T23:35:21","date_gmt":"2017-12-06T06:35:21","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=4304"},"modified":"2017-12-05T23:35:34","modified_gmt":"2017-12-06T06:35:34","slug":"africas-export-markets-set-boom-seaport-expansions","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/africas-export-markets-set-boom-seaport-expansions\/","title":{"rendered":"Africa\u2019s export markets set to boom with seaport expansions"},"content":{"rendered":"<div class=\"img-wrap\"><img loading=\"lazy\" decoding=\"async\" class=\"single-img\" src=\"http:\/\/www.biznisafrica.com\/wp-content\/uploads\/2016\/10\/Port-of-Durban-600x300.jpg\" alt=\"Africa\u2019s export markets set to boom with port expansions\" width=\"708\" height=\"354\" \/><\/div>\n<div class=\"clear\">December 6, 2017: So much opportunities available at African ports in line with the 2040 Vision for Africa\u2019s transport sector<\/div>\n<div class=\"left-content\">\n<div id=\"related_posts\">\n<p>With Africa\u2019s overall port utilisation capacity now exceeding 70%, seaports authorities and terminal operators are actively calling for partners in development to equip Africa\u2019s ports and harbours for post-neo-panamax shipping requirements.<\/p>\n<\/div>\n<\/div>\n<div class=\"right-content\">\n<div class=\"content-wrap\">\n<p>As international trade volumes increase at growth rates of 6-8% per year, expansion projects in Africa follow suit and gain momentum.<\/p>\n<p>Trade facilitation and port reform aim to propel Africa\u2019s export markets to compete on a global stage.<\/p>\n<p>The establishment of modern and efficient seaports has climbed to the top of Africa\u2019s transport agenda to enable port connectivity and increase cargo throughput so much so that port and corridor expansion is not only creating new business opportunities for port city development across the sub-Saharan region but now also opening up new access to hinterland areas and strategic trade corridors.<\/p>\n<p>Against this backdrop, the 6th annual African Ports Evolution Forum held in October 2017 united ports authorities, terminal operators, investors and government from more than 29 countries to boost intra-African trade, reduce port congestion, increase port connectivity and throughput and identify new business opportunities to boost expansion and modernisation.<\/p>\n<p>Port expansion and upgrade projects currently underway across Africa are valued in the billions. The value of ports projects underway in Tanzania currently total US $13.6 and Mozambique has already witnessed investments of US $8.3 billion towards ports upgrade and expansion in 2017 alone.<\/p>\n<p>Mozambique&#8217;s Maputo port about to open rail line direct to ships, to boost speed, transport capacity to South Africa, Swaziland, Zimbabwe. Two-train system a big advantage over its rival: truck-congested Durban, SA port.<\/p>\n<p>African Ports Evolution Forum explored the myriad opportunities that are available for the generation of new revenue streams at African ports through concessions, systems upgrades, expansion projects and more, unlocking qualified channels for ports\u2019 respective development pipelines in line with the 2040 Vision for Africa\u2019s transport sector.<\/p>\n<p>The 2040 Vision for Africa\u2019s transport sector is an integrated African continent where transport infrastructure and services enable the free movement of goods and passengers by providing efficient, safe, secure, reliable and seamless transport options.<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>December 6, 2017: So much opportunities available at African ports in line with the 2040 Vision for Africa\u2019s transport sector With Africa\u2019s overall port utilisation capacity now exceeding 70%, seaports authorities and terminal operators are actively calling for partners in development to equip Africa\u2019s ports and harbours for post-neo-panamax shipping requirements. As international trade volumes [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[49],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Africa\u2019s export markets set to boom with seaport expansions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nigerianews.ca\/africas-export-markets-set-boom-seaport-expansions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa\u2019s export markets set to boom with seaport expansions\" \/>\n<meta property=\"og:description\" content=\"December 6, 2017: So much opportunities available at African ports in line with the 2040 Vision for Africa\u2019s transport sector With Africa\u2019s overall port utilisation capacity now exceeding 70%, seaports authorities and terminal operators are actively calling for partners in development to equip Africa\u2019s ports and harbours for post-neo-panamax shipping requirements. 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