Billionaire-backed firm eyes South African ports

Daily Investor

Adani Ports plans to expand in South Africa to enhance its presence in Africa. The firm, led by Karan Adani, is exploring port projects in East and West Africa. This move comes after setbacks in the US and cancellations in Kenya, Bangladesh, and Sri Lanka. Adani Ports aims to increase its overseas business share to 15% by 2030 through global expansion.
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