This comprehensive view provided by the DP World CEO underscores Tanzania’s emerging role as a gateway to African trade, highlighting the importance of infrastructure development and international collaboration in realizing this vision. This insight follows the recent 30-year concession agreement with the Tanzania Ports Authority for the Port of Dar es Salaam. Bin Sulayem highlighted...
DP World, under the leadership of CEO Sultan Ahmed bin Sulayem, has undergone a remarkable transformation into a comprehensive supply chain player, investing over $6 billion in this strategic evolution. Bin Sulayem discussed this journey during a session titled ‘Trade in a Changing World’ at the 21st Arab Media Forum in Dubai, moderated by Egyptian...
Political party ACT Wazalendo finally, on September 4, 2023, released its stance on the issue of investment in Tanzanian ports by the United Arab Emirates-based company DP World. Since June of this year, this matter has been a subject of intense legal debates among politicians, activists, and scholars within and outside Tanzania. ACT Wazalendo conducted...
Tanzania’s Inspector General of Police (IGP), Camillus Wambura, has issued a stark caution against potential disturbances in the wake of a port investment dispute. The warning comes as tensions rise following a court ruling that upheld an investment contract involving DP World, a Dubai-based company, and a subsequent call for protests by some dissenting parties....
On June 10, 2023, the Tanzanian government signed and approved the Intergovernmental Agreement (IGA) with Dubai to develop the Dar es Salaam Port. This agreement paved the way for further procedures, including the concession agreement, which would facilitate cooperation between the Tanzania Ports Authority (TPA) and DP World, a multinational logistics company based in Dubai,...
Kenya’s President William Ruto has unveiled an ambitious plan to lease and revitalize five critical ports through a public-private partnership (PPP) worth $1.4 trillion. The initiative aims to enhance the country’s maritime industry and improve competitiveness along the northern corridor. Under the proposal, the Kenya Development Corporation (KDC), a development finance institution, has confirmed that...