Africa Business News

Tanzania has signed a 30-year port management agreement with the United Arab Emirates, despite opposition to the deal. Under the agreement, the Dubai Port World will run four berths at the Dar es Salaam port, Tanzania’s largest port. The Emirati firm and the Tanzania Ports Authority will also collaborate in managing three other berths at the port. The partnership includes an investment of $250m by DP World to upgrade infrastructure at the port over the next five years. The deal has drawn criticism from several activists, citizens and opposition politicians, who say that it favours the Emirati company at Tanzania’s expense. Tanzanian authorities say the deal does not involve all port operations in the country and that they retain the right to withdraw from the contracts at any time if necessary.