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

Under the deal, which is part of Marsa Maroc’s African expansion plan, Marsa Maroc International Logistics (MMIL) will carry out rehabilitation works, deploy port ‌equipment and provide ‌expertise in bulk ‌handling ⁠to ​operate two ‌jetties.

In a second phase, Marsa Maroc said it was targeting a concession agreement for the development and operation of a new multipurpose terminal at the port of Monrovia, which would handle the ⁠majority of trade flows in Liberia.

Marsa Maroc manages ‌34 terminals across 20 ‍ports, handling more ‍than 60 million metric tons of ‍cargo annually.

Liberia would become the third location in Africa for Marsa Maroc, which has become the latest Moroccan company to ​roll out investment in the continent, following the lead of Moroccan banks, fertilizer ⁠producer OCP and mining company Managem.