A shipping line on Lake Tanganyika
A scheme to introduce a container shipping line on Lake Tanganyika, using containers to move everything from bulk ores and fuel to chilled food. Currently, Lake Tanganyika is woefully underserved by ships, none of which are modern.
A dry port at a strategic border crossing from Zambia to DR Congo
Meritus has secured the largest plot available at the new Kipushi border post in Zambia bordering the DR Congo. This post is to serve the mining region of south-eastern Congo.
A strategic investment in one of Zambia’s biggest hauliers
A strategic partner, being supportive of multimodal transport solutions on both the shipping and dry port projects to create efficient shuttle services.
Each of the three projects are transformative – if they succeed, as Meritus believes, they will greatly reduce transport costs and thus increase economic opportunity. They will also present opportunities to expand both horizontally and vertically.
Meritus’ team draws on experienced professionals from many jurisdictions and backgrounds. Its directors will report frequently to investors and listen to their feedback.
Each of our projects allows for traffic efficiency and volume to increase significantly. This will lower transport prices, thus increasing volume. Meritus’ solutions mean that we expect it to gain significant market share and thus profit from this increase – as well as the increase from natural growth in these markets.Our LTSC project will have positive effects on trade that will affect the whole of sub-Saharan Africa not just the countries bordering the lake.
Fast-growing Population & Urbanisation
Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, Kenya and South Africa — will soon hold HALF of the continent’s population
43% of Africans across the continent will belong to the middle or upper classes
Increased Investment, Digital and Mobile Access & Industrialisation
Mobile data access is expected to increase sevenfold from 2017-2025
Industrialisation estimated to double production within a decade
Our early projects are in Zambia because of its strategic location in the heart of Africa. The country has eight international borders – DR Congo, Malawi, Tanzania, Zimbabwe, Angola, Namibia and Botswana. Its location makes it set to become a logistics hub – rather like Atlanta or Chicago.
Zambia allows investors to benefit from the DRC market without exposure to the risks of being present in that country.
LTSC – Sign binding agreements Approximate Projected Timeline for LTSC Phase 1 with the port authorities on Lake Tanganyika, particularly Mpulungu Harbour Authority
Kipushi Dry Port – Sign agreed terms with the landowner to secure the land (currently awaiting internal governmental approvals)
Logistics Company - acquire the shares and authorise commencement of work on the trailer project
In each case, we will simultaneously work to obtain any remaining authorisations and permits required
Prepare the engineering studies and reports required
While the project construction begins, Meritus will start to develop the further stages of each project. For example, in the case of the LTSC project, Meritus seeks to work with partners to improve the rail links to Dar Es Salaam and elsewhere, and eventually improve the Congolese rail links, thus working to create an entire logistics chain