More strategic investment in Africa’s ports can accelerate growth and development by strengthening trade – PwC report

Despite the high volumes of goods that require transport, the development and integration of ports in Africa’s wider logistic chains remains uneven JOHANNESBURG, South Africa, April 12, 2018/ — Africa needs to take advantage of the economic potential of its ports and shipping sector if it is to realise its growth ambitions. Globally, ports are gateways for 80% of merchandise trade by volume and 70% by value. Investment in ports and their related transport infrastructure to advance trade and promote overall economic development and growth is therefore vital – particularly in emerging economies that are currently under-served by modern transportation facilities.However,…