DP World May Develop $1.2 Billion Port at Banana on Congo Coast

By William Clowes and Michael J. Kavanagh (Bloomberg) -- DP World Ltd. may develop a $1.2 billion deep-water port in the Democratic Republic of Congo, according to documents published by a Senegalese whistle-blowing organization. DP World signed an agreement with the Transport Ministry in February 2017 giving the Nasdaq Dubai-listed company exclusive rights to negotiate a … [Read more...]