GBS AFRICA

GBS Africa, the leading African-led advisory services firm supporting flows of trade and investment into the African continent, has released a latest report on East African Ports competition that is escalating as Indian Ocean trade market share increases. From the Horn of Africa on the strategic Red Sea to the buoyant ports of Mozambique, East Africa's ancient "Swahili Coast" provides a logistical nexus between Africa's massive population centres and other continents. Foreign direct investment is driving expansion and rehabilitation of existing seaports, while entirely new facilities are also being rolled ...