Western Africa
Updated: Benin Terminal Secures Funding For Upgrade
Group of lenders provide €75 million for container terminal upgrade.
Benin Terminal, the concessionaire of the container terminal at Benin’s Port of Cotonou, has finalised a €75 million (US$81 million) financing agreement with a consortium of lenders for the extension and modernisation of the terminal. Benin Terminal, a subsidiary of Africa Global Logistics (AGL), plans to acquire modern equipment and develop
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