MSC’s Soren Toft talks trade security and growth at Africa CEO Forum

COTE D’VOIRE – MSC CEO Soren Toft has confirmed that the company will continue investing in African infrastructure, calling the continent “a key focus” during an exclusive interview at the Africa CEO Forum 2025.

The discussion, led by CGTN and Bloomberg Africa anchor Ramah Nyang, took place on May 13 at 07:30 GMT. Toft highlighted MSC’s 50-year history in Africa and the company’s plans to support regional growth.

“We have had a presence in Africa for more than five decades,” Toft said. “We are deeply committed to the continent and to building long-term relationships.”

Toft said MSC’s purchase of Bolloré Africa Logistics marked a major step in strengthening its supply chain infrastructure. With port terminal investments in Togo, Côte d’Ivoire, DRC, Nigeria, Morocco, and Namibia, MSC now operates 72 weekly ocean services across the continent.

These routes connect African exporters to global markets while also improving intra-African trade.

“Our goal is to make logistics more efficient in places where moving goods remains a challenge,” he said. “This is especially important in West and Central Africa, where better customs systems and more port access can really boost trade.”

He also touched on piracy concerns in specific coastal areas and said MSC supports efforts to improve maritime safety. “Security is not just about protecting ships,” he noted. “It’s about ensuring business continuity and protecting livelihoods.”

Trade shifts and the promise of AfCFTA

As trade patterns shift globally, Toft said Africa has a chance to become more self-reliant. “Industrialization and stronger regional trade will shape Africa’s growth path,” he said. “The African Continental Free Trade Area (AfCFTA) will play a central role in removing trade barriers and improving how goods move across borders.”

He stressed that MSC sees the free trade agreement as a major opportunity, especially as companies look for alternative supply routes amid ongoing global disruptions.

Toft also provided updates on MSC’s global operations. The company has added more vessels to its shipping fleet, officially becoming the largest shipowner in the world.

Outside the forum, MSC continues to make changes that affect both its global strategy and its African operations. The company has added new vessels to its fleet and now holds the title of the largest shipowner in the world. This step supports its organic growth and strengthens trade routes worldwide.

MSC is also taking steps toward carbon neutrality by 2050. It is investing in LNG-powered ships and energy-saving technology such as air lubrication systems to cut fuel use and lower emissions.

Toft’s comments reflect MSC’s view that Africa is not just a market, but a partner. “Africa is central to our business,” he said. “And we’re just getting started.”

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