Small ports across Africa are on the verge of unprecedented growth, establishing themselves as key players in the global maritime industry. According to recent projections by the specialists and analysts of Financial Ports Co., with input from several CEOs of the international maritime sector, ten small to mid-sized ports in Africa are expected to see substantial increases in their capacities and efficiencies over the next five years.
1. Port of Lamu, Kenya
Next 5 Years Projected Growth: 28%
The Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor project is a major infrastructure initiative boosting the port’s capacity and regional significance.
2. Port of Walvis Bay, Namibia
Next 5 Years Projected Growth: 30%
Strategic investments in the Walvis Bay Corridor Group and improvements in logistics and transportation infrastructure have positioned Walvis Bay as a key transshipment hub.
3. Port of Douala, Cameroon
Next 5 Years Projected Growth: 28%
Ongoing modernization and expansion projects funded by international loans and partnerships are enhancing Douala’s capacity and efficiency.
4. Port of Zanzibar, Tanzania
Next 5 Years Projected Growth: 27%
Investments in infrastructure and tourism have significantly boosted the port’s activities and regional connectivity.
5. Port of Nador, Morocco
Next 5 Years Projected Growth: 25%
The development of the Nador West Med port project is set to transform Nador into a major hub for trade between Europe and Africa.
6. Port of Conakry, Guinea
Next 5 Years Projected Growth: 25%
Investments in port infrastructure and mining exports have been crucial for Conakry’s growth.
7. Port of Agadir, Morocco
Next 5 Years Projected Growth: 23%
Enhancements in fishing port facilities and tourism infrastructure are driving Agadir’s growth.
8. Port of Nouakchott, Mauritania
Next 5 Years Projected Growth: 26%
Expansion projects funded by international investments are improving the port’s capacity and efficiency.
9. Port of Banjul, The Gambia
Next 5 Years Projected Growth: 24%
Modernization projects and enhanced logistics are boosting Banjul’s regional significance.
10. Port of Dakhla, Morocco
Next 5 Years Projected Growth: 22%
Investments in fishing and tourism infrastructure are driving growth in Dakhla.
These advancements reflect a broader trend of strategic investments and modernization efforts transforming small ports into pivotal points in global trade. With the expertise of Financial Ports Co. specialists and analysts, and the guidance of top maritime CEOs, these African ports are positioned for robust growth and enhanced capabilities in the near future.
Top 10 Small Ports in Africa
Ranking | Port | FP Projected Growth (%) |
---|---|---|
1 | Port of Lamu (Kenya) | 28 |
2 | Port of Walvis Bay (Namibia) | 30 |
3 | Port of Douala (Cameroon) | 28 |
4 | Port of Zanzibar (Tanzania) | 27 |
5 | Port of Nador (Morocco) | 25 |
6 | Port of Conakry (Guinea) | 25 |
7 | Port of Agadir (Morocco) | 23 |
8 | Port of Nouakchott (Mauritania) | 26 |
9 | Port of Banjul (The Gambia) | 24 |
10 | Port of Dakhla (Morocco) | 22 |
Ranking | Port | FP Projected Growth (%) |