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Africa: How Corruption Cripples Business At Continent's Seaports
DW, 5 October 2022
Ports in Africa lose vast sums of money because of corrupt port officials, inefficiencies, and poor infrastructure, among others. Corruption has affected economic growth and slowed… Read more »
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Zimbabwe: Retailers Bemoan Smuggling At Ports of Entry
The Herald, 3 June 2022
Smuggling of low-cost imports is jeopardising the resurgence of local businesses. Read more »
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Togo: Foreign Investors Shunning Nigerian Ports for Togo, Ghana, Others Over Corruption - ICPC
Leadership, 22 April 2022
The Independent Corrupt Practices and Other Related Offences Commission(ICPC) has said, foreign investors shun Nigerian seaports over high level of corruption and corrupt… Read more »
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Africa: Combating the Sea of Corruption in the Maritime Sector
ISS, 5 April 2022
Weak oversight mechanisms and Africa's sea-blindness make the maritime industry an ideal target for graft. Read more »
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South Africa: How Corruption and Security Failures Opened the Doors (And Smashed the Windows) of SA's State Buildings to Criminals
Daily Maverick, 5 January 2022
The fire that ravaged Parliament raises critical questions about the security of state institutions and is exceptionally worrying when viewed with other incidents, including… Read more »
How Corruption Cripples Business at Africa's Seaports
Ports in Africa lose vast sums of money because of corrupt port officials, inefficiencies, and poor infrastructure, among others. Corruption has affected economic growth and slowed the clearance and forwarding of goods, reports Isaac Mugabi for Deutsche Welle.
For fear of scrutiny, many port authorities keep their losses under tight guard and only release profit figures, which is a small fraction of the losses accrued. Moreover, in many cases, the websites of port authorities have not been updated with information on losses in real-time.
For instance, customs officials at Lagos Port, one of Africa's busiest ports, said the port generated revenue of $1.2 billion in the first quarter of 2022. But a joint report by the Maritime Anti-Corruption Network (MACN), a global sea trade and shipping group, and the Lagos Chamber of Commerce and Industry said that Nigeria loses U.S.$7 billion annually to corruption and inefficiency, according to Nigeria's daily The Vanguard and Business Week.
InFocus
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Nigerian Ports Authority Director, Mohammed Bello Koko, has reiterated the organisation's commitment to the elimination of systemic corruption and other criminal practices at the ... Read more »
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Plans are in a pipeline for the Kenyan Ports Authority to expand the Lamu Port, which commands an initial investment of U.S.$2.1 billion. Kenya's U.S.$3.6 billion ports master plan ... Read more »
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President Samia Suluhu has dissolved the board of the Tanzania Ports Authority (TPA), and that of the Shipping Corporation by removing its chairpersons for their unsatisfactory ... Read more »
Nigerian Ports Authority, Lagos Island (file photo).
