MarketLine Blog

Posts tagged to Marine

African ports are driving economic growth: Expanding the port network will bring big benefits

MarketLine

According to SAP, 90% of imports and exports to and from Africa are transported by sea, and with the global middle-class population predicted to balloon to five billion people in just over a decade, expectations are African ports will take on greater economic significance. Problems, therefore, must be solved. Durban in South Africa is one of the more egregious examples of ports failing: the port is highly expensive and suffers from crippling congestion in the surrounding areas, causing it to only operate at 75% of the efficiency expected of an… Read more