Danish shipping and energy company Maersk will invest US$1.5bn for the expansion of Port of Tema in Ghana, touted to be the largest in Africa
Nils Anderson, CEO of Maersk said that the funding arrangements were already in place and that the concession agreement between Meridian Port Services (MPS) – of which Maersk is a key partner – and the Ghana Ports and Harbours Authority (GPHA) was waiting to be signed.
Maersk was also in early talks with Asian shipbuilders to order up to 10 container megaships worth around US$1.5bn.
Anderson revealed that Maersk was exploring oil and gas investment opportunities in Ghana, adding, “First and foremost, we will be going in on the service sector and we are bringing in our drillship worth about US$700,000, and supply vessels and tugs. We are ready to do business in Ghana.”