World Bank’s IFC finances new Brazil container dock

The International Finance Corporation (IFC), the World Bank’s private-sector lender, has arranged nearly $600 million in loans for a new container terminal that will raise capacity at Brazil’s largest port.
The IFC will provide $97 million to Brasil Terminal Portuario S.A. (BTP), a joint venture that will develop and operate the new terminal that is now under construction at Santos port and is expected to start operating by the end of 2012.
Ghana's ports need cash injection to become hub ports

The International Finance Corporation (IFC), the World Bank’s private-sector lender, has arranged nearly $600 million in loans for a new container terminal that will raise capacity at Brazil’s largest port.
The IFC will provide $97 million to Brasil Terminal Portuario S.A. (BTP), a joint venture that will develop and operate the new terminal that is now under construction at Santos port and is expected to start operating by the end of 2012.
Ghana's ports need cash injection to become hub ports
Ghana Ports & Harbours Authority (GPHA) general manager Wisdom Segbefia has highlighted the challenges facing the country’s ports if they want to become important hub ports.
Speaking at a seminar organised by the Tema branch of the Chartered Institute of Logistics and Transport, Segbefia said the ports lacked proper infrastructure, had inadequate funds for development, inadequate space and cumbersome cargo clearing procedures. Other constraints included having large volumes of uncleared cargo, congestion of trucks and lack of competition in the stevedoring business due to cargo allocation.
Segbefia urged government to inject the needed capital into the operations of the two major ports in the country and to provide the necessary infrastructure for development and expansion. He pointed out that GPHA had the potential of developing Tema into a regional container gateway and Takoradi into a regional oil and gas services hub.