AD Ports Group will explore strategic collaboration with Nigeria’s Federal Ministry of Marine and Blue Economy. The initiative follows a meeting between AD Ports Group CEO Captain Mohamed Juma Al Shamisi and Nigerian President Bola Ahmed Tinubu to discuss trade, shipping, and logistics.
The partnership was formalized with a Memorandum of Understanding (MoU) signed by H.E. Adegboyega Oyetola, Nigeria’s Minister of Marine and Blue Economy, and Captain Al Shamisi. The MoU sets a framework to explore investments in ports, logistics, maritime services, economic zones, and digital trade infrastructure.
Minister Oyetola said the agreement will advance Nigeria’s marine and blue economy agenda. “Partnering with AD Ports Group lets us strengthen port efficiency, logistics, maritime services, and digital trade, while supporting sustainable growth and positioning Nigeria as a leading maritime hub,” he said.
Captain Al Shamisi highlighted Nigeria’s strategic role in Africa’s trade landscape. “This MoU reflects our shared goal to pursue long-term, sustainable development. AD Ports Group brings global expertise in ports, logistics, maritime services, and digital trade. We look forward to working closely with our Nigerian partners,” he said.
AD Ports Group already has investments in Egypt, Tanzania, Angola, and the Republic of the Congo, promoting regional trade and economic development.
The MoU aligns with the UAE–Nigeria Comprehensive Economic Partnership Agreement (CEPA). CEPA reduces tariffs, removes trade barriers, and boosts investment flows. It also strengthens supply chains, public-private cooperation, and SME access to global markets.
Bilateral non-oil trade reached US$4.3 billion in 2024, up 55% from 2023. Nigeria’s GDP is forecast to grow from 4.1% in 2025 to 4.3% in 2026. This positions Nigeria as one of Sub-Saharan Africa’s fastest-growing economies and highlights opportunities in ports, logistics, and maritime infrastructure.
The post AD Ports Group signs MoU with Nigeria appeared first on Container News.
