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Douala Seaport: Increased Profit In 2018

The Douala Autonomous port increased its profit fivefold in 2018. According to the port’s board of directors, by December 31, 2018, the port’s net pre-tax profit was FCFA 3.9 billion and net-profit FCFA 2.04 billion. This is about five times higher than the FCFA 455.5 million realised in 2017. Though no reasons have been advanced for the positive performance by the port’s authorities, it is no doubt attributed to the performance-boosting measures that were implemented last year by the ports management. One of such moves was the removal of shipwrecks in the port area to free the docks as well as ...

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