RicherFin · Sovereign Projects

Port Concession Project — Gambia

Gambia · Port of Banjul, BCC · Ports and logistics

Overview

The Port Concession Agreement signed in July 2024 has transformed Banjul’s Fourth Port Expansion Project. Key priorities include yard expansion, port digitalization, and extensive pavement and terminal rehabilitation. These upgrades reduced vessel waiting time from 343 to 82 hours, eliminated demurrage, increased shipping calls, and contributed to lower commodity prices.

Key project information

Official name
Port Concession Project
Status
Progress 80%
Current phase
Progress 80%
Country
Gambia
Location
Port of Banjul, BCC
Sector
Ports and logistics
Project structure
Public investment