Marsa Maroc, Morocco’s leading port operator said that it had signed a deal on Tuesday with Liberia’s ports authority, to manage the port of Monrovia from the first half of 2026.

Marsa Maroc International Logistics will perform rehabilitation work, provide port equipment, and offer expertise in bulk handling for two jetties. The deal is part of Marsa Maroc’s African expansion plan.

Marsa Maroc announced that it would be pursuing a second phase of negotiations to secure a concession contract for the development and operation a multipurpose terminal in the port 'of Monrovia. This terminal will handle a majority of trade flows? in Liberia.

Marsa Maroc operates 34 terminals in 20 ports and handles more than 60 millions metric tons annually.

Marsa Maroc will invest in Liberia, the third African country for the Moroccan company. It follows the lead of Moroccan banks, the fertilizer producer OCP, and the mining company Managem.

Marsa Maroc, a Casablanca listed company, announced last year plans to expand in West and East Africa, including two terminals in Cotonou, Benin, and an oil terminal in Djibouti.

Marsa Maroc purchased a 45% stake of Boluda Maritime Terminals, a Spanish branch of Boluda Corporacion Maritima for 80 million Euros ($94 million) in December. (Reporting and editing by Alexander Smith; Ahmed Eljechtimi)

(source: Reuters)