AfDB and DP World Sign loan agreement for Dakar Container Terminal

The agreement was signed by the AfDB Private Sector Department Director, Tim Turner, and the DPWD Business Development Manager, Manuel V. Pascua.

The Dakar Port is one the busiest in West Africa, handling 90% of the total value of Senegal’s foreign trade. Its geographical location is at crossroads between Europe, North America, South America, and Sub-Saharan Africa.

The project comprises equipment upgrades, operation, management, and maintenance of the existing container terminal in the Northern Zone of the port: upgrading the stacking areas pavement and improving other infrastructure such as rail installations, electricity, road and buildings in the port.

The project will also support knowledge transfer, build local capacity, create jobs for the people and make a positive contribution to the economy.