Africa-Press – Angola. Cargo movements at Angolan ports represent between 15 and 20% of Sub-Saharan Africa’s total port freight share, worth approximately 1.32 trillion US dollars, according to data presented Monday in Luanda by the Angolan Ports Association (APANG).
Nazareth Neto, the Angolan Ports association chairperson, said this achievement is the result of Angola’s investments in port modernization over the past 10 years.
Speaking at the opening ceremony of the three-day Steering Committee Meeting of the Statistics Network of the West and Central African Port Management Association that began on Monday in Luanda, Neto said the inauguration of the Port of Namibe’s infrastructure in October clearly demonstrate the Angolan government’s commitment to the sector.
“In October of this year, we will inaugurate the Port of Namibe’s infrastructure, specifically the container terminal, which is already receiving its equipment, with construction work in the final stages,” Neto said.
Rui Carreira, the Secretary of State for Civil Aviation, Maritime and Ports, acknowledged that ports are pillars of the African nations’ economies, through which a considerable portion of trade takes place.
“In this sense, we must create a coherent and complementary port network. It is our responsibility to ensure that our ports contribute positively to our continent’s trade balance and become more significant and sustainable,” Carreira said.
According to a Mordor Intelligence survey, port activity in Sub-Saharan Africa will generate 9.7 trillion by 2030. Oil, strategic minerals, and construction materials will be the main drivers of this growth.
Angola has a comprehensive network of 14 ports, including major hubs such as Cabinda, Lobito, and Luanda that are crucial for international trade.
The Steering Committee of the Statistics Network of the West and Central African Port Management Association includes 20 countries, among them Angola, the host country.
For More News And Analysis About Angola Follow Africa-Press
