AD Ports Group Joins APD 30-Year Concession in Douala Port - Cameroon | premargin
AD Ports Group Joins APD 30-Year Concession in Douala Port - Cameroon
·ADX·General Disclosure | Announcements·February 12, 2026·View on exchange
AI Summary
AD Ports Group joined a 30-year concession with Africa Ports Development (APD) to design, build, and operate a new dry bulk terminal at the Port of Douala, Cameroon, securing a 51% effective economic interest.
The group’s share of investment for Phase 1 is expected to be approximately AED 320 million (EUR 73.4 million), with construction scheduled between 2026 and 2028.
Phase 1 infrastructure will comprise two berths and 450 metres of quay wall, providing an annual handling capacity of 4 million tonnes for dry bulk cargo such as clinker, gypsum, fertilizer, and grain.