DP World’s ambitions in Ethiopia are failing to materialize

DP World’s ambitions in Ethiopia are failing to materialize

The framework agreement signed in May 2016 between DP World and the Ethiopian government had given rise to expectations of concrete achievements during 2019. However, in the meantime, the group is still waiting for the privatisation of public monopolies. Jeune Afrique Business+ explains.

Someone shares this article with you
            ▪ DP World’s ambitions in Ethiopia are failing to materialize

▪ The framework agreement signed in May 2016 between DP World and the Ethiopian government had given rise to expectations of concrete achievements during 2019. However, in the meantime, the group is still waiting for the privatisation of public monopolies. Jeune Afrique Business+ explains.

https://www.jeuneafriquebusinessplus.com/en/803376/les-ambitions-de-dp-world-en-ethiopie-ne-se-sont-pas-concretisees/

06/03/2020 at 16h52, by Jeune Afrique Business+, updated 09/03/2020

DP World had undertaken to work with Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the former shipping company which became the state-owned monopoly in charge of the country’s logistics, particularly for the development of container depots and dry ports. With Industrial Park Development Corp, DP World was also due to discuss the construction of industrial parks. To date, however, nothing has been done. Last year, the government announced a partial privatisation of ESLSE which is highly coveted by the world’s major shipping and logistics operators. Following a visit to Ethiopia by French President Emmanuel Macron in March 2019, CMA CGM also expressed its interest.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Maritime transport

16/04/2021 at 17h33, by Jeune Afrique Business+

DP World opts for Quinn Emanuel against Djibouti

After winning their case in London, the logistics giant is seeking enforcement of the arbitration decision...

Maritime transport

10/02/2021 at 18h36, by Jeune Afrique Business+, updated 11/02/2021

DP World confirms free zone project in Somaliland

While the health crisis has called into question several investments made by the Dubai group, it will...

Advisory

04/02/2021 at 18h43, by Jeune Afrique Business+, updated 05/02/2021

MG Advogados, CBAM and Cuatrecasas, counsel DP World deal in Luanda

On 26 January, DP World signed a global contract worth more than $1 billion, including $150 million to...

Advisory

23/12/2020 at 16h40, by Jeune Afrique Business+

Advisors tell Macky Sall to go with DP World

The Senegalese president has just signed a contract with the Dubai Ports World group’s subsidiary for...

Maritime transport

14/05/2020 at 18h33, by Jeune Afrique Business+

DP World struggles to secure deal to take the place of ICTSI at Port Sudan

After being driven out of Djibouti, DP World continues to strengthen its presence in the Horn of Africa...

Logistics

13/12/2019 at 18h23, by Jeune Afrique Business+, updated 15/12/2019

ICTSI (Groupe Ledya/SCTP) and DP World struggling to relaunch Congo’s ports

Holder since June 2016 of the concession at Matadi, the main seaport of the DRC, Philippine company International...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.