Africa's O&G growth offers logistics opportunities
Oil and Gas News|November 2024
THE African Export-Import Bank has signed a $162.9 million financing agreement with port infrastructure firm APD-Cameroon to support the construction of a $232.8 million port terminal in Douala in June 2024.
Africa's O&G growth offers logistics opportunities

This deal aligns with the Cameroonian government's goal to strengthen ties with global investors to enhance logistics services for energy resource development and monetisation.

The logistics sector plays a critical role in Africa, with companies like SONILS, AGL, and AD Ports investing in new equipment and technologies to support oil and gas projects.

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