MSC eyes up growth in Africa

With its acquisition of Bollore Africa Logistics on the horizon, MSC is eyeing up further investment opportunities in Africa according to its CEO Soren Toft.

Speaking at the 10^th Africa CEO Forum in Abidjan, Toft said: “I’m a big believer in Africa, because I think the demographics speak for themselves: we all expect that Africa’s 1.3bn people will increase to more than 2bn people in 30 years or so.

“If, like MSC, you have a long view over decades, then Africa is a place to invest. GDP-per-capita will definitely increase.”