AD Ports Group’s expansion into Angola follows the signing of a 2023 framework agreement between the company and the Angolan government.
AD Ports Group began operations, in partnership with Angola’s joint venture partners Unicargas and Multiparques at the Noatum Ports Luanda Terminal, the largest port in the country. Under the terms of a 20-year concession agreement signed with the Luanda Port Authority in April 2024, AD Ports Group holds an 81% stake in the multipurpose terminal venture and a 90% stake in the logistics venture with Unicargas.
The company has committed to investing around $250 million through 2026 to modernise the terminal and develop Noatum Unicargas Logistics, a joint venture offering integrated logistics, transport, and freight forwarding services for regional and international clients.
“This marks a significant milestone for AD Ports Group as we begin operations at Noatum Ports Luanda Terminal and Noatum Unicargas Logistics,” said Mohamed Eidha Al Menhali, regional CEO of AD Ports Group.
“With the planned upgrade of Luanda’s multipurpose port terminal, we are positioned to capture the growth in Angola’s container volumes, which are expected to rise by an average of 3.3% annually over the next decade,” he added.
The terminal, which is expected to handle Super Post-Panamax vessels, will be upgraded to a general cargo, container, and roll-on/roll-off (ro-ro) terminal. AD Ports Group is investing in advanced port equipment and modern IT systems to ensure efficient container handling and high-density operations.
The terminal will feature a depth of 16 metres alongside, enabling it to accommodate large vessels up to 14,000 teu.
AD Ports Group has also invested over $800 million in ports, logistics, and shipping sectors across sub-Saharan Africa, including Egypt, the Republic of Congo, and Tanzania.