AP Moller Capital and Olam to invest in West African ports

In:

Social infrastructure

Region:

Middle East & Africa

AP Moller Capital, in partnership with Olam International and Africa Finance Corporation, will invest in infrastructure in West Africa through the Africa Infrastructure Fund.

The focus will be on expanding the ecosystem in connection with an existing mineral and a general cargo port in Gabon as well as developing new infrastructure ecosystems in Mauritania starting with a new multi-cargo port in Nouakchott and a new bulk port in San Pedro, Ivory Coast.

AP Moller Capital will have 43% ownership of the platform, Olam will own 31% and AFC 26%. It will be managed by ARISE Ports & Logistics, based in the UK.

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