Kribi Port's New Terminal:
Transforming Central Africa's Trade Landscape
The Kribi Deepwater Port in southern Cameroon is set to enhance its role as a central African trade hub with the imminent launch of its second container terminal. This new terminal, boasting a quay length of 715 meters—double that of the first terminal—is nearing completion and is expected to welcome its first vessel by late February or early March 2025.
Operated by Kribi Containers Terminal (KCT), a consortium comprising Africa Global Logistics (formerly Bolloré), Chinese firm CHEC, and French shipping giant CMA CGM, the new facility includes a 33-hectare storage area. Recent equipment deliveries between September and October 2024, representing an investment of over CFA50 billion, have prepared the terminal for operations, with total costs projected at CFA70 billion.
The expansion is part of Phase 2 of the Kribi Deepwater Port project, which also encompasses terminals for hydrocarbons and minerals, aiming to support Cameroon's burgeoning mining sector. The overall cost of this phase is estimated at CFA400 billion, with 75% funded by China's Eximbank.
The new terminal is equipped with state-of-the-art handling equipment, including seven dock gantry cranes, 25 yard gantry cranes, and various support vehicles, enabling it to accommodate larger vessels directly from Asia, the Indian subcontinent, and Europe. This development is expected to triple the port's capacity to handle up to one million TEUs (twenty-foot equivalent units) annually, solidifying its status as a key maritime hub in the Gulf of Guinea.
Beyond infrastructure, the second phase of KCT's operations is anticipated to create over 300 direct jobs, bolster Kribi's industrial-port platform, and stimulate economic exchanges throughout the subregion. With its modern facilities and strategic location, the Kribi Deepwater Port is poised to play a pivotal role in enhancing trade and economic growth in Cameroon and the broader Central African region.
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Sources
businessincameroon.com
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