A maritime and port modernization project, officially launched last week, is supported by the African Development Bank (AfDB), the World Bank, the Islamic Development Bank, the French Development Agency, and soon by the European Union and the European Investment Bank, for a total amount of $247 million (approximately €215 million). The goal for the archipelago is to become a logistics hub between Africa and Asia, notably through the creation of a special economic zone.
A Lever for Economic Growth and Development for the Archipelago
The ports of Moroni, Mutsamudu (Anjouan), and potentially Boingoma (Mohéli) are set to receive significant upgrades: new quays, modern handling equipment, and digitalized port management systems. « The new infrastructure will incorporate adaptation measures to address rising sea levels and the increasing intensity of cyclones in the region, » according to Afrik.com.
Furthermore, this project is part of the « Emerging Comoros 2030 Plan » and the AfDB’s 2024-2033 Ten-Year Strategy. « For the Comoros, a member of the Indian Ocean Commission and the Common Market for Eastern and Southern Africa (COMESA), this project represents an opportunity to overcome its geographical isolation and connect to regional trade dynamics. Trade with Madagascar, East African countries, and Gulf markets could intensify, » adds the Afrik.com website.
Finally, thousands of jobs could be created, particularly in the fishing and agriculture sectors.
Source: lejournaldemayotte
