EU Contribution: €34,000,000 (including an EU grant: €5 million and loans from the European Investment Bank and Agence Française de Développement: €29,000,000).
Period of implementation: 2018 - 2021
Objective: The Port Victoria project is one of the first projects in the Indian Ocean region to be funded through the Africa Investment Facility - under the European External Investment Plan. The project includes the extension of the port’s yard area and dredging works to allow larger vessels into the harbour. The works will lead to an increase in the port’s safety and environmental performance in the handling of goods, and overall improvement of the efficiency of port operations.