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.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.