Week: Week 39-2023

The President of the African Development Bank (AfDB), Hon. Dr. Akinwumi Adesina, receiving a gift from the Minister of State Office of the President Finance and Planning - Zanzibar Hon. Dr. Saada Mkuya Salum, after their conversation when they met on the sidelines of the seventh meeting of Economic Cooperation between South Korea and African Countries (KOAFEC), in Busan, Republic of South Korea.
The President of the African Development Bank (AfDB), Hon. Dr. Akinwumi Adesina, receiving a gift from the Minister of State Office of the President Finance and Planning - Zanzibar Hon. Dr. Saada Mkuya Salum, after their conversation when they met on the sidelines of the seventh meeting of Economic Cooperation between South Korea and African Countries (KOAFEC), in Busan, Republic of South Korea.

AfDB Bank Promises Dollars Bil. 3.05 Funding Projects

AfDB pledges to support Tanzania's SGR railway construction and the Mangapwani Port project in Zanzibar. Hon. Dr. Akinwumi Adesina, AfDB President, discussed the bank's commitments during the seventh KOAFEC meeting in Busan, South Korea.

10. Completed

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Statement on Transnet Executive Directors

Announcement regarding the resignation of Transnet's Group Chief Executive, Portia Derby, and Group CFO, Nonkululeko Dlamini. Ms. Derby has been instrumental during challenging periods for Transnet, including a global pandemic, significant floods, and more.

10. Completed

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Technology Leaders Are Testing the Innovative FRMCS Railway System

Leading technology entities Alstom, Ericsson, NetWorkS!, and the Polish Railway Institute are collaborating to test the innovative FRMCS Railway System in Poland. This advanced communication standard is set to optimize the capacity and operation costs of existing railway networks, marking a significant step towards the full digitalisation of rail transport.

10. Completed

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French Expertise to Boost Serbia’s Railway Modernization

A groundbreaking partnership between Infrastruktura Železnice Srbije (IZS), Agence Française de Développement (AFD), and SNCF aims to modernize Serbia’s railway infrastructure. With a €500,000 grant from AFD and expertise from French rail specialists, this collaboration represents a significant leap towards efficient, sustainable, and EU-standard railway systems in Serbia.

10. Completed

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ECOWAS and AfDB To Host the 1st Roundtable of Development Financial Institutions (DFIs) for the Construction of the Abidjan – Lagos Corridor Highway

Under ECOWAS and AfDB's auspices, major regional and international DFIs convened on 26 September 2023 to discuss financing for the Abidjan-Lagos Corridor Highway. This landmark project, central to the ECOWAS Vision 2050, aims to link economic capitals across five West African nations and enhance the Trans-African Highway Network.

10. Completed

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Patrick Moodley
Patrick Moodley, Siemens Mobility South Africa Chief Executive Officer

Siemens Mobility South Africa Welcomes Patrick Moodley as New Chief Executive Officer

Siemens Mobility South Africa welcomes Patrick Moodley as its new CEO, effective 1 October 2023. Bringing extensive regional and international experience to the role, Moodley is set to advance Siemens Mobility’s strategic vision and commitment to addressing local challenges and empowering the Southern African rail industry.

10. Completed

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