Container shipping industry analysts have estimated overall African containerised cargo handling to have increased by 7.2% in 2014, as compared with an overall global growth rate of 5.4%.

African port container volumes are forecast to continue to increase well above the global market average.

This matches general economic growth in sub-Saharan Africa.

Following a 5% gross domestic product (GDP) expansion in 2014, the International Monetary Fund (IMF) has projected an annual economic growth rate of 4.5% in 2015 and 5.1% in 2016.

Original article from FTW. To read original article click here www.ftwonline.co.za

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