Praia-Dakar Shipping and Maritime Services Project
USD 175.50M
Total Cost
50%
Progress
4
Stakeholders
2
Countries
Feasibility
Project Stage
Project Overview
Development of regular shipping services between Cape Verde (Praia) and Senegal (Dakar) to enhance connectivity, facilitate trade, and improve passenger mobility between the island state and mainland West Africa.
Key Objectives
Establish regular and reliable maritime transportation services between Cape Verde and Senegal; reduce transportation costs for goods and passengers; enhance trade opportunities between Cape Verde and mainland West Africa; improve regional integration by connecting an island state to the continental...
Strategic Importance
This project represents a critical link for Cape Verde's integration into the regional economy, addressing the isolation challenges faced by this island nation. By establishing direct maritime connections to the mainland, the project will significantly reduce transportation costs and time for both passengers and cargo, enhancing Cape Verde's participation in regional trade and economic activities.
Technical Specifications
Technology: The project will utilize modern roll-on/roll-off (RoRo) vessels capable of carrying both passengers and cargo, with supporting port infrastructure designed for efficient loading/unloading operations.
Capacity: Maritime service with capacity for 500 passengers and 2,000 tons of cargo per vessel, with 2-3 weekly sailings.
Capacity: Maritime service with capacity for 500 passengers and 2,000 tons of cargo per vessel, with 2-3 weekly sailings.
Financing Structure
The project will utilize a public-private partnership approach with: government contributions from Cape Verde and Senegal for port infrastructure improvements; development finance institution support for vessel acquisition and technical assistance; and private sector investment through operation concessions.
Market Analysis
Current maritime connections between Cape Verde and Senegal are limited, irregular, and expensive, resulting in significant untapped demand. The route will serve both passenger transport (business, tourism, family connections) and cargo (consumer goods, construction materials, agricultural products).
Investment Opportunities
Significant opportunities exist for private sector participation in vessel operations, terminal management, logistics services, maintenance services, and tourism-related activities integrated with the maritime service.
Key Stakeholders
Sponsor: Ministry of Maritime Economy (Cape Verde), Ministry of Infrastructure (Senegal)
Partners: Ministry of Maritime Economy (Cape Verde), Port Authority of Dakar (Senegal), ECOWAS Commission, Wes...
Partners: Ministry of Maritime Economy (Cape Verde), Port Authority of Dakar (Senegal), ECOWAS Commission, Wes...
For More Information, Contact:
Christelle Onana
christellen@auda-nepad.org
Bernard Brian Cudjoe
bernardc@auda-nepad.org
www.au-pida.org
Christelle Onana
christellen@auda-nepad.org
Bernard Brian Cudjoe
bernardc@auda-nepad.org
www.au-pida.org