AD Ports Group has signed several agreements with Unicargas and Multiparques securing a 20-year concession agreement (extendable for another 10 years) with the Luanda Port Authority for the operation and upgrade of the existing Luanda multipurpose port terminal in Angola.
The agreements with Unicargas and Multiparques, logistics and transport companies in the country, saw AD Ports acquire an 81% stake in a joint venture that will operate the terminal and a 90% stake in another joint venture that...