MSC Highlights Long-Term Commitment To Africa Investment At CEO Forum
MSC has been investing in Africa since the company’s first service improved connections between Europe and East Africa back in the early 1970s.
Since then, MSC has developed some 50 shipping services and a network of overland transportation and logistics services, as well as port terminal infrastructure investments through subsidiary Terminal Investment Limited (TiL).
This year, MSC will take part in the Invest in Togo session on Monday 25 March at 10.30 a.m., in the presence of Faure Gnassingbe, President of Togo, to explain how our shipping line, logistics and terminals businesses fit together to facilitate economic development and catalyse regional trade.
Discussing MSC cargo division’s fully integrated sea and land transportation and logistics services will be Gregory Krief, Managing Director of MSC and MEDLOG in Togo and a director of Lomé Container Terminal (LCT), part of TiL. Gregory sits on a panel with Sani Yaya, Economy and Finance Minister of Togo and Aliou Maiga, Regional Director for West and Central Africa of the International Finance Corporation, a member of the World Bank Group.
Through TiL’s investment in LCT, MSC has created the first proper container transhipment hub in the ECOWAS / Gulf of Guinea region. Cargo volumes continue to grow in line with our long-term strategy and LCT continues to help better connect markets across the region. Gregory will exchange ideas with the government representatives, as well as panelists from Do Pharma and Bamboo Capital Partners, about the current and future investment climate in the country.
The panel discussion will be followed by an address by President Gnassingbe, and remarks by Cina Lawson, Minister for Post, Digital Economy and Technology Innovation.