Sealink seeks to link West and Central African ports to boost trade

The Sealink Project conceived by the Nigeria Export-Import Bank, Federation of the West and Central Africa Chambers of Commerce and Industries (FEWACCI) and TRANSIMEX (an integrated logistic services provider based in Cameroun) held its Investment Forum to offer a unique and compelling investment proposition to private sector entities in the fast growing West and Central African region.

In order to ensure successful take-off for the service, these agencies had earlier on in 2012 formed a special purpose vehicle, Sealink Promotional Company Limited to drive the strategy and business model for the successful implementation of the Project.

According to the Managing Director of Nigerian Export-Import Bank, Mr. Roberts U. Orya, the purpose for setting up a regional/trans-national maritime shipping company is to link seaports on the West and Central African coast in order to facilitate trade and ensure smooth transportation of cargo and passengers within and between the two regions. This objective is primarily towards realising the objectives of the founding fathers of ECOWAS for free movement of persons, goods and services within the sub-region.