Week: Week 20-2023

PRASA To Receive R20 Billion For The 2023/24 Financial Year

Minister of Transport, Ms Sindisiwe Chikunga, announces the allocation of R20 billion to PRASA for the 2023/24 financial year. Recovery of priority corridors in Gauteng, KwaZulu-Natal, and the Western Cape, with a focus on the full recovery of the Central line in Cape Town. Update on the National Rail Policy guiding rail sector modernization and the development of the National Rail Master Plan.

10. Completed

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USA Investment In Lobito Corridor Rail Line Is A Positive Game Changer

The United States' investment in the Lobito Corridor rail line is set to be a positive game changer for the region, unlocking business potential, creating jobs, and promoting economic growth. President Joe Biden's announcement of over $30 billion in investments demonstrates the importance of this rail expansion project, which aims to connect the Democratic Republic of the Congo and Zambia with global markets through Angola.

10. Completed

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MIGA Guarantee Allows Senegalese Government To Increase Interest In Current Operator Of Container Terminals At The Port Of Dakar And Future Port Of Ndayane

MIGA guarantee that enables the Senegalese government to increase its interest in the current operator of container terminals at the Port of Dakar and the future Port of Ndayane. Discover how this strategic investment supports infrastructure development, port growth, and regional trade facilitation. Explore the government's efforts to position Senegal as a key partner for goods transshipments and its commitment to enhancing the strategic decisions and future development of the ports.

10. Completed

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EBRD Forecasts Modest Economic Growth In Southern And Eastern Mediterranean Region For 2023

The European Bank for Reconstruction and Development (EBRD) releases its Regional Economic Prospects (REP) report, forecasting modest economic growth in the southern and eastern Mediterranean (SEMED) region for 2023. Global inflation and political uncertainty remain as potential risks. Explore the individual economic outlooks for Egypt, Jordan, Lebanon, Morocco, and Tunisia within the SEMED region.

10. Completed

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Bolstering Africa’s Railways: AUC’s Initiatives And Partnerships For Continental Railway Development In Line With AIHSRN

Discover the African Union Commission's initiatives and partnerships aimed at bolstering Africa's railways. With a focus on capacity-building, technology transfer, and strategic collaborations, including the International Union of Railways IUC, the AUC aims to advance continental railway development in line with the African Integrated High Speed Railway Network (AIHSRN).

10. Completed

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