Week: 2024-51

UIC General Assembly 2024: Leading Rail Into the Future Through Innovation, Sustainability, Regional Cooperation and Standardisation

The UIC General Assembly 2024 in Paris focused on shaping the future of rail transport through innovation, sustainability, regional cooperation, and standardisation. Key highlights include Africa's rail development, the Future Railway Mobile Communication System (FRMCS), and UIC’s global efforts to drive climate advocacy and interregional collaboration for a more sustainable and connected rail sector.

10. Completed

A Call to Expand SA-Angola Trade and Investment for Economic Growth and Regional Development

South Africa’s President Cyril Ramaphosa urges expanded trade and investment with Angola, highlighting opportunities in infrastructure, energy, agriculture, and rail. The South Africa-Angola Business Forum emphasises collaboration to strengthen economic ties and address business challenges for mutual growth.

10. Completed

African Development Bank Approves $150 Million Loan to SNIM for Rolling Stock Procurement

The African Development Bank has approved a $150 million loan to Mauritania’s state-owned SNIM for rolling stock procurement, supporting the expansion of its iron ore transport capacity. This initiative forms part of SNIM’s broader logistics program aimed at boosting the country’s mining sector, with a focus on sustainability, climate resilience, and inclusive development.

10. Completed

Tanzania Railway Corporation Invests in Modern Recovery Equipment for Standard Gauge Rail Network

Discover how Tanzania Railway Corporation is enhancing railway safety and operational efficiency on its Standard Gauge Railway network with the acquisition of Africa's largest and most efficient railway crane.

10. Completed

PRASA and City of Cape Town Sign Service Level Plan to Strengthen Cooperation and Collaboration Between the Two Parties

PRASA and the City of Cape Town have signed a landmark Service Level Plan to enhance cooperation in areas such as security, property management, infrastructure development, and integrated transport planning. This collaboration aims to improve commuter rail services, promote public safety, and foster sustainable urban mobility solutions.

10. Completed

African Development Bank Leads $1.2 Billion Financing Syndication for Tanzania’s Standard Gauge Railway Project

The African Development Bank leads a $1.2 billion financing syndication for Tanzania's Standard Gauge Railway, connecting Dar es Salaam to Kigoma and unlocking economic potential across Eastern and Central Africa.

10. Completed

Loram Poised to Shape the Future of Track Maintenance in African Railways with Innovation and Expertise

10. Completed