AGL Spearheads Congo’s $400 Million Port Expansion Drive
Africa Global Logistics (AGL) has secured a €230 million financing package to develop Congo’s ambitious Pointe Noire port expansion project, positioning the freight forwarding giant at the center of the Republic of Congo’s infrastructure optimization strategy.
The project centers on a new 750-meter quay scheduled for completion by 2027, designed to double the terminal’s capacity to 2.3 million containers annually while supporting the country’s growing oil and LNG export ambitions.
AGL’s subsidiary Congo Terminal is executing the project in collaboration with engineering firm China Road and Bridge Corporation. The €400 million platform will feature 26 hectares of quayside, a dredged 17-meter-deep basin, and 16 state-of-the-art gantries.
The development forms a crucial component of Congo’s broader strategy to boost hydrocarbon production to 500,000 barrels of oil daily and LNG output to 3 million tons annually within five years, requiring world-class port infrastructure to handle increased export volumes.
AGL’s regional expansion continues with successful operations at Angola’s Lobito Terminal, launched in March last year. The facility handles over one million tons of bulk cargo and more than 100,000 twenty-foot equivalent unit containers annually, employing 730 people across deepwater berths and modern equipment.
The company is also playing a vital role in Ivory Coast’s Baleine offshore development Phase 2, West Africa’s first net-zero emissions project, manufacturing critical subsea structures at its Carena shipyard in Abidjan.
Source: oilreviewafrica.com
