The Pan-African financial institution Africa Finance Corporation (AFC) sold its stake to Yilport Holding of Turkey 35% stake in Atlantic Terminal Services (ATS), a company that has been granted a 25-year concession for the development of of the activities in the port of Takoradi through the implementation of the a terminal for containers and various goods. Earlier this year Yilport has been awarded the management of the Ghanaian port of call ( of 13 January 2023), while in 2019 FTA had acquired 35% of the ATS with an investment of $138 million.

With the operation, Yilport will join the current shareholders, namely the Ghanaian Ghana Ports & Harbours Authority and the IbisTek Limited. The latter, as provided for in the agreement with Yilport, signed earlier this year, will form a joint venture between the two venture with the Turkish company with a 30% stake and a 30% stake respectively 70% who will be in charge of the management of the African port.

With the new acquisition, Yilport gives further strength to the landing on the African port market and expanding its terminal network so far extended to Turkey, Scandinavia, to the Iberian Peninsula, to the Mediterranean, including the container terminal of the Italian port of Taranto, and to Latin America.