DP World and the Democratic Republic of the Congo sign final agreement to develop Banana Port

On Monday this week, DP World and the Government of the Democratic Republic of the Congo (DRC) have signed the Collaboration Agreement for the development of the Banana deep-sea port.

The agreement was signed in the presence of President Tshisekedi and follows the sgning of a term sheet earlier this year with DP World. The project has been in the making since 2018 when the initial contract was signed.

The Collaboration Agreement signed this week paves the way for a groundbreaking on the project within a year.

“DP World will develop an initial 600-meter quay with an 18m draft, capable of handling the largest vessels in operation. It will have a container handling capacity of about 450 000 TEUs (20-foot equivalent units) per year, and a 30-hectare yard to store containers,” DP World said.

Read more

NFE Signs MoU With Mauritania for Fast LNG and Gas-to-Power Project

Earlier this week, New Fortress Energy executed a non-binding Memorandum of Understanding (MoU) with the Islamic Republic of Mauritania for the development of the offshore Banda gas reserves into a new energy hub. The project could be commissioned as early as 2024 and would entail the production of natural gas, power, liquefied natural gas (LNG) […]

Hive Hydrogen and Linde announce $4.6bn Green Ammonia Plant in South Africa

Hive Hydrogen, Built Africa and Linde’s South African subsidiary Afrox have announced the establishment of a 780,000 ton/year Green Ammonia Plant at the Coega Special Economic Zone alongside the Port of Ngqura in South Africa. The $4.6bn project will be developed two phases and have its own dedicated power supply. The facility will use renewable […]

Leave a Comment