The Addis-Djibouti corridor, key to Ethiopia's trade and connectivity, will undergo a significant upgrade via the Horn of Africa Initiative’s Regional Economic Corridor Project. Funded by a $730 million grant from the IDA, the project aims to improve regional connectivity and logistics, boosting Ethiopia’s economy, promoting inclusive growth and regional integration.
Unearth the challenges in South Africa's rail freight sector with regulatory economist Sarah Truen, discussing the complexities of pricing in high fixed cost industries like rail, the impact of competition, and the necessity for an effective access pricing regime for sector sustainability.
Deputy President Paul Mashatile hosts dialogue with European business leaders on 20th July 2023 to address South African economic issues and foster a strengthened Government-Business relationship for a prosperous future.
African Development Bank's $20 million investment in Pembani Remgro Infrastructure Fund II to catalyze infrastructure projects in sub-Saharan Africa. Explore how this aligns with climate change strategies, focuses on transport, energy, and logistics, and aims to bridge the $100 billion funding gap.
Ousmane Fall, a seasoned finance expert, has been appointed as Director of Non-Sovereign Operations and Private Sector at the African Development Bank Group. With rich experience from the International Finance Corporation and numerous key private sector transactions in Africa, Fall will leverage his expertise to enhance the effectiveness of the bank’s Private Sector operations.
HARTING Technology Group, a key player in industrial connectivity, announces the sale of its subsidiary, HARTING Systems GmbH to TMP Beteiligungsgesellschaft. HARTING Systems, known for automated checkout zones and merchandise dispensers, anticipates sustainable growth under the new management of Dr. Christoph Barth, focusing on digital transformation and market expansion.
Contango Holdings Plc has confirmed a new offtake arrangement with TransOre International FZE for up to 20,000 tonnes of washed coking coal monthly from the Muchesu Project in Zimbabwe. The partnership will leverage the African Rail Company's infrastructure for efficient coal transport. Explore the detailed operational updates of this landmark arrangement and its potential impact on the natural resource sector.
SNCC.SA, the Congolese multimodal transport giant, is attracting significant attention from entities eager to form strategic partnerships. This article covers recent discussions with the Transnet Group, highlighting opportunities for investment and enhancement of Congo's railway system.
Transnet announces the selection of ICTSI as the preferred bidder for a 25-year joint venture to upgrade and develop the Durban Container Terminal Pier 2, South Africa's largest container terminal. The move aims to boost port efficiency, stimulate imports and exports, and increase container capacity.