Week: Week 22-2023

STA Alto Adige Railway Rolling Stock

The European Investment Bank (EIB) notes that a project for the acquisition of seven (7) EMU trainsets to be used on the regional railway network in Alto Adige/South Tyrol (Italy), including connections with neighbouring stations in Austria, as well as the northern part of the Province of Trento – is currently under appraisal.  

10. Completed

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D&M Rail Construction – Pre-announcement of Company Name Change

D&M Rail Construction, a leading railway construction and maintenance company in Namibia, is undergoing a significant transformation with a name change to Afri-Track Railway Construction. This change aligns with their vision of becoming a preferred railway and infrastructure firm in Namibia and the wider region. The launch of the Afri-Track Group will take place in Windhoek from 5th to 9th June 2023.

10. Completed

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Minister Khumbudzo Ntshavheni: Launch of the Operation Vulindlela Progress Report

South Africa Operation Vulindlela progress report launch article, highlighting the implementation of structural reforms for economic growth and job creation. Key milestones in the freight logistics sector, including third-party access to rail networks and port improvements, are outlined. The establishment of a National Logistics Crisis Committee and the development of a freight logistics roadmap.

10. Completed

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Egypt: African Development Bank Approves $345 Million in Partial Credit Guarantees to Bolster Funding for Green and Social Initiatives

The African Development Bank Group has approved a $345 million Partial Credit Guarantee to Egypt, facilitating access to the Panda bond market for financing green and social projects. This move allows Egypt to raise $500 million in the Chinese yuan-denominated bond market. The bond proceeds will be directed towards clean transportation, renewable energy, and energy efficiency.

10. Completed

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TAZARA’s Transformation Strategy: 2023/2024 Budget Approval, Survival Plan Endorsement, and Progress with Chinese Investors

Explore the outcomes of the 119th TAZARA Board of Directors' Meeting, which sets a progressive vision for the Tanzania-Zambia Railway Authority for 2023/2024. Uncover the strategic survival plan, the engaging initiative of Chinese investors, and the introduction of Open Access Operations, all aimed at boosting regional economies and transport efficiencies.

10. Completed

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