Cameroon awards Kribi deepwater port contract to Necotrans consortium

Cameroon has awarded a contract for its Kribi port to a consortium led by French logistics group Necotrans, the two parties said. The deepwater port will allow for the import and export of raw materials such as timber and cotton as well as vehicles and service equipment for Cameroon's oil and gas sector. "As the only deepwater port in Central Africa, Kribi will be the economic lifeblood for Cameroon and the region, notably Chad and the Central African Republic," Necotrans President Gregory Quere