Why is DP World still expanding in Africa despite war-driven inflation?

DP World remains 'bullish' on its Africa expansion because it sees long-term growth potential on the continent, continuing investments in ports and logistics infrastructure from Mozambique to Congo, with $4 billion already invested in the last five years and another $4 billion planned for new port development corridors and logistics, even as it faces inflationary pressures from surging fuel prices linked to the Iran war.

How is the Iran war affecting DP World's operations in Africa?

The Iran war—particularly the closure of the Strait of Hormuz due to US-Israel attacks—has choked off a fifth of global oil and gas shipments, driving crude prices above $100 a barrel and causing a roughly 75% increase in fuel prices in South Africa, where DP World operates its largest fleet of over 7,000 trucks; this has forced DP World to raise pricing, contributing to inflation, disrupted shipping corridors (especially isolating its Jebel Ali hub and affecting cargo flows to Berbera and Ethiopia), and created operational challenges across its African network.

DP World Remains Bullish on Africa Expansion Amidst War-Driven Inflation

May 14, 2026

DP World plans $4 billion additional investment in African ports despite rising fuel costs linked to the Iran conflict. CEO Mohammed Akoojee warns that closed shipping corridors and surging diesel prices threaten economic activity and consumer inflation across the continent.

bloomberg

2026-05-14

DP World Remains Bullish on Africa Expansion Amidst War-Driven Inflation

DP World Remains Bullish on Africa Expansion Amidst War-Driven Inflation

FAQ