DP World and CDC pledge USD 1.7 billion infrastructure spending in Africa ports deal
Emirati DP World and UK-based CDC join forces to develop ports in Africa and build infrastructure over the next few years. Trade facilitated by the ports will support 5 million jobs across the affected economies and improve access to goods for 35 million people, according to the companies.
By Antony Sguazzin, Bloomberg
DP World Ltd. and CDC Group Plc have formed a partnership to develop ports in Africa and committed to spending USD 1.72 billion on infrastructure over the next few years.
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