DP World is investing in its African network — even as its flagship port in the Gulf sits idle. The Dubai port operator formalized plans for a 222-hectare industrial park at Mombasa, signing a joint-venture agreement with Kenya’s GulfCap Africa in Nairobi last week. More than 60 companies have expressed interest in the special economic zone, which the partners expect to support over 20,000 direct and indirect jobs.
DP World has spent two decades building across the continent and operates in at least nine African territories, from Algeria and Angola to Senegal, Somaliland, and Tanzania. That constellation has kept the company profitable despite the disruption caused by the Iran war.