Bolloré group negotiates sub-concession of four ports in Cabo Verde

22 February 2016

Negotiations between the government of Cabo Verde (Cape Verde) and French group Bolloré for sub-concession of four of the archipelago’s ports should be completed by the end of the month, said the Expresso das Ilhas newspaper.

The French group was the only party that did not give up the international tender launched by the government of Cabo Verde for concession of the ports of Praia, Porto Grande (São Vicente), Sal-Rei (Boa Vista) and Palmeira (Sal) .

The newspaper also reported that the financial aspect has been finalised although technical aspects, mainly related to investments, maritime traffic, the internationalisation of Cape Verdean ports and workers’ contracts.

The sub-concession contract that will be signed will have a minimum term of 20 years, renewable for another 10, and port manager Enapor has received permission to sublet the ports through a resolution published in the Official Gazette on 3 February.

The Bolloré group operates in African container terminals in Ivory Coast, Central African Republic, Benin, Congo, Guinea, Senegal, Cameroon, Sierra Leone and Libya and is developing the same business in the Comoros, Ghana, Gabon, Benin, Nigeria and Togo. (macauhub/CV)