Bollore Sees West African Ports Capacity Lasting for Decade
- Multi-billion euro investment from companies, governments
- French company’s biggest project with partners in Ghana
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Bollore SA, the largest ports operator in Africa, said billions of euros of investment in upgrades to West African harbors by governments and companies will provide enough capacity for them to operate sufficiently for the next 10 years.
Countries in the region have been investing heavily in ports to cope with rising traffic in the region and to accommodate larger cargo vessels as economic growth increases. Bollore’s biggest projects on the continent include harbors in Ivory Coast, Sierra Leone and Cameroon, while the French company is working with partners on a $1 billion expansion of the Ghanaian port of Tema.