Move Solutions introduces the MyMove IoT platform in South Africa, employing AI and machine learning for advanced structural health monitoring of bridges, roads, railways, and buildings. This technology aims to enhance structural safety, reduce maintenance costs, and provide real-time insights for timely decision-making.
Kenya Railways' commissioning of 430 new freight wagons for the Standard and Metre Gauge Railways is set to revolutionize cargo transport from the Port of Mombasa, enhancing trade and economic growth. Learn about the strategic SGR-MGR Link project and the addition of passenger services.
SYSTRA is playing a key role in the modernisation of Egypt's Tanta – Mansoura – Damietta railway line, enhancing signalling, telecommunications, and safety features to support economic development and increase rail capacity. Funded by the French Development Agency, this project marks a significant advancement in Egypt's railway infrastructure.
Namibia's Ministry of Finance has waived N$326 million in tax liabilities for TransNamib, alongside a N$2.5 billion investment in railway infrastructure for 2024/25. This initiative, part of a broader N$7.1 billion funding effort with the African Development Bank, aims to revitalise Namibia's transport sector and stimulate economic growth.
The Economic Commission for Africa's report reveals that African countries trade more with the world than amongst themselves, with their share of global trade below 3%. Despite the African Continental Free Trade Area, intra-African trade remains low. The report highlights challenges in infrastructure, governance, and financial integration, underscoring the need for improved regional integration to boost economic development and achieve Agenda 2063 goals.
Afreximbank leads Bloomberg’s 2023 Capital Markets League Tables for Sub-Saharan Africa, ranking first in Mandated Lead Arranger, Bookrunner, and Administrative Agent categories. This milestone reflects the bank's significant role in mobilizing capital for African states and organizations, with landmark financings in challenging sectors. Afreximbank's achievements underscore its dedication to driving economic growth and its position as a trusted financial partner in Africa.
Significant strides made by PRASA in the 2022/23 financial year, including the reopening of train corridors, substantial capital investment, and advancements in security measures that have led to a notable decrease in incidents of theft and vandalism.
Discover Grindrod Limited's strong financial performance for the year ended 31 December 2023. Learn how operational resilience led to a 29% increase in headline earnings, a 16% EBITDA growth, and an 84% dividend boost, despite global challenges. Highlights include record volumes at the Port of Maputo and successful logistics segment achievements.
Enhanced Morocco-Spain relations following a key transport and logistics meeting on 4 March 2024. Discover the pivotal discussions on maritime connections, railway collaborations, and the strategic Fixed Link project, aiming to boost infrastructure and sustainable mobility ahead of the 2030 Soccer World Cup.
Zimbabwe set to embark on a pivotal institutional review of its mining sector, funded by the African Development Fund through the ISSER project.
Transnet National Ports Authority (TNPA) is driving infrastructure development projects to alleviate congestion and enhance capacity at Durban and Richards Bay ports. Discover TNPA's efforts in expanding terminal capacity, introducing LNG handling facilities, and preparing for major marine construction to support the growing demands of the maritime industry.
Discover Malawi's RESTORE Project aimed at improving road infrastructure, particularly the M1 and feeder roads in the Lower Shire Valley, and integrating climate resilience. Find out more about the feasibility study for enhancing the Sena railway line, focusing on the Makhanga-Bangula section to boost access to the Beira port.
Traxtion is championing gender equality in the rail industry, aiming to propel women into diverse rail careers and drive economic growth. Learn about the 'The Future Of Rail Is Woman' campaign and how inclusivity enhances profitability and innovation in the rail sector.
Railway projects underway in West Africa, aimed at connecting nations and enhancing economic growth. Discover how the region is advancing with the Abidjan-Ouagadougou-Niamey-Cotonou-Lomé Railway Loop and Dakar-Bamako-Ouangolodougou Line, alongside efforts to harmonise and ensure interoperability for seamless transport across borders.