Post #258

🧮Playing the Long Game At one point, the recent post-election protests in Tanzania even led to the blockade of the country’s main port in Dar es Salaam — but soon this may never be a problem again. 🌐Tanzania announced the start of construction of the Bagamoyo deep-water port in December — a project first envisioned ten years ago. In 2013 the plan was to secure funding from China and Oman, but then the negotiations collapsed. Who exactly will invest this time is still unclear. All that is known is that preliminary memorandums have been signed with Saudi, Chinese, and Egyptian firms. 🔸 The port’s capacity is projected to reach 20–25 million containers per year. For comparison, Morocco’s Tanger Med, currently the largest in Africa, can handle around 10 million containers. The construction period is an astonishing 20 years. Given the long and unsuccessful negotiations with investors in the past, the Tanzanian government may have decided to take a leading role this time. The key now is political consistency, so that an already long-term project does not stall halfway through. Devils Below