Transaction

The Private Infrastructure Development Group (PIDG), through InfraCo Africa Limited, invests in the Takoradi Floating Dock Project (Shiprite) in Ghana

Announced

1 June 2026

Target

Prime Meridian Docks AssetCo Ltd

Value

Undisclosed

Asset class

Infrastructure & Project Finance

Type

Project Financing

Instrument

Ordinary Shares (Equity)

Lead investors

InfraCo Africa Limited

Investors

InfraCo Africa Limited

Sector

Manufacturing and industrials / Shipping and Ports, Industrial Engineering Services

Markets

Ghana

About the target

Prime Meridian Docks AssetCo Ltd, also referred to as PMD AssetCo Limited, is a Ghana-incorporated special purpose vehicle established to finance, build and operate a floating dock ship repair facility at the Port of Takoradi, Ghana. The project, known as Project Shiprite, is designed to provide ship repair and maintenance services for vessels operating in the Gulf of Guinea. The facility is expected to comprise a 13,500-tonne lift-capacity floating drydock, 30,000 square metres of reclaimed land, a 200-metre jetty, workshops, offices and heavy marine equipment. The company holds Free Zones Service Enterprise status and a 25-year concession from the Ghana Ports and Harbours Authority.