DP World partners with CDC Group to create Africa investment platform
DP World has partnered with the UK’s development finance institution and impact investor CDC Group (CDC) to create an investment platform in Africa.
The platform covers a long-term investment period and DP World is contributing its stakes in three existing ports initially with expectations to invest a further US$1bn through the platform over the next several years.
Sultan Ahmed bin Sulayem, group chairman and CEO of DP World, said: “We are excited to announce a partnership with CDC Group that will enable increased investment in ports and logistics infrastructure across Africa, driving efficiency and trade growth.
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