MSC’s Africa Global Logistics Sees $43 Million Spend in Namibia

  • Shipping company unit will focus on oil and energy services
  • Opportunities emerge in South Africa from Transnet problems
The Port of Walvis Bay in Namibia.Photographer: Waldo Swiegers/Bloomberg
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MSC Mediterranean Shipping Company SA’s Africa logistics unit will invest as much as €40 million ($43 million) in Namibia by 2030 to benefit from growing oil, gas and renewable energy developments.