
The Red Sea state of Eritrea may play a key role in DP World Ltd.’s plans in the Horn of Africa, where a dozen ports could be needed to service the region, Chief Executive Officer Sultan Ahmed bin Sulayem said.
The Dubai-based state-controlled harbor operator is evaluating its strategy in the region after having its stake in a port in Djibouti — the main trade route for Ethiopia, Africa’s fastest-growing economy — nationalized by the government. Developing more ports in the Horn, including one...
http://container-news.com/dp-world-key-role-ports-plan/