Africa Connected with Standard Bank

#AfricaConnected: R347m contract to build ferries for Côte d'Ivoire boosts jobs

Standard Bank has sent pan-African broadcaster Lee Kasumba up the Continent to uncover the potential of its markets as a part of the Africa Connected project.

While visiting Abidjan, the capital city of Cote d'Ivoire, Kasumba met with the CEO of maritime transport company Citrans.

Citrans has a partnership with South African shipbuilder Nautic Africa, Kasumba uncovers.

Part of the deal involves the shipping of 18 ferries made in South Africa to Cote d'Ivoire, she explains.

The contract has created a great deal of employment opportunities in Cote d'Ivoir and offers a lot more growth potential, Kasumba says.

Nautic Africa focuses on building ships and Citrans is in the ferry business.

Lee Kasumba, broadcaster and journalist

The deal was valued at around 22 million US Dollars, about R347 million.

Lee Kasumba, broadcaster and journalist

By the end of 2018, they're looking to have about 200 employees. There's been rapid growth.

Lee Kasumba, broadcaster and journalist

Take a listen to her describe her adventures and discoveries so far:


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by NEWSROOM AI
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