AD Ports Group has signed a strategic Memorandum of Understanding (MoU) with Nigeria’s Federal Ministry of Marine and Blue Economy, for investments in ports, logistics, maritime services, economic zones, and digital trade infrastructure.
The development follows high level engagements between the Group’s Managing Director and CEO, Captain Mohamed Juma Al Shamisi, and President Bola Ahmed Tinubu, where discussions centred on deepening cooperation in trade, shipping, and logistics, as well as unlocking value across Nigeria’s port and supply chain ecosystem.
The partnership was formally sealed through the MoU signed by the Minister of Marine and Blue Economy, Adegboyega Oyetola, and Captain Al Shamisi. The agreement provides a framework for long term collaboration aimed at modernising Nigeria’s maritime infrastructure and strengthening its competitiveness in regional and global trade.
Speaking at the signing, Minister Oyetola described the agreement as a major boost to Nigeria’s marine and blue economy agenda. He said the collaboration would improve port efficiency, enhance logistics and maritime services, accelerate digital trade development, and support sustainable economic growth, positioning Nigeria as a key maritime gateway in Africa.
Captain Al Shamisi highlighted Nigeria’s strategic importance within Africa’s trade and logistics landscape, noting that the MoU reflects a shared commitment to long term, sustainable development. He said AD Ports Group would leverage its global expertise in ports, logistics, maritime services, and digital trade in close partnership with Nigerian stakeholders to deliver mutually beneficial outcomes.
AD Ports Group has continued to expand its footprint across Africa, with investments in Egypt, Tanzania, Angola, and the Republic of the Congo, supporting regional trade integration and economic development.
The MoU also aligns with the UAE–Nigeria Comprehensive Economic Partnership Agreement (CEPA), which aims to reduce tariffs, eliminate trade barriers, boost investment flows, strengthen supply chains, promote public private partnerships, and expand global market access for small and medium sized enterprises.
Bilateral non oil trade between Nigeria and the UAE reached US$4.3 billion in 2024, representing a 55 per cent increase from 2023. With Nigeria’s GDP projected to grow from 4.1 per cent in 2025 to 4.3 per cent in 2026.
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