Week: Week 40-2023
AGL Wins International Tender for Container and Multipurpose Terminals at the Port of Lobito
Africa Global Logistics (AGL) wins the international tender for the development of container and conventional terminals at the strategic Port of Lobito in Angola. Partnering with leading shipowner, MSC, and backed by a €100 million investment, AGL is set to fortify Lobito's role in the global trade landscape and boost the regional economy.
Saudi Arabia Railways (SAR) Partners With Alstom to Showcase the World’s First Passenger Hydrogen Train in the Kingdom of Saudi Arabia
In a milestone move towards sustainable transportation, Saudi Arabia Railways (SAR) collaborates with Alstom to demonstrate the Coradia iLint, the world's first passenger hydrogen-powered train in Riyadh. This innovative step supports the Kingdom's Vision 2030 targets and emphasizes the commitment to reduce carbon emissions.
African Transport Ministers Call for the Adoption of the Luxembourg Rail Protocol
African transport and energy ministers back the Luxembourg Rail Protocol at the STC-TTIIE meeting in Zanzibar, marking a pivotal step for the future of rail transport in Africa. The Zanzibar Declaration emphasises the importance of modernising and fortifying African transport corridors, with over 50 nations yet to ratify the Protocol.
To Avert a “Lost Decade,” Africa Must Urgently Achieve Stability, Increase Growth, and Create Jobs
Analysing Sub-Saharan Africa's economic growth and its challenges, the latest World Bank report sheds light on regional prospects, policy recommendations, and the urgent need for stability, growth, and job creation.
Rumo Invests in Hybrid Locomotives From Progress Rail, Reducing Environmental Impact of Freight Operations
Rumo, the largest railway operator in Brazil, collaborates with Progress Rail for cutting-edge hybrid EMD® GT38H locomotives. Promising a 45% potential fuel reduction, this venture marks a sustainable shift in freight operations, emphasising energy savings and diminished emissions.
Railway Safety Week Celebration Date
Join Tanzania's celebration of the Southern Africa Railway Safety Week from 09 to 13 October 2023 at the Tanzania Railway Technology Institute in Tabora. Under the leadership of President Hon. Dr. Samia Suluhu Hassan, the event emphasizes railway safety and infrastructure enhancement, with this year's theme: "SAFETY STARTS WITH YOU; TAKE CARE".
UNTU Welcomes Transnet Freight Rail CEO’s Resignation
The United National Transport Union (UNTU) comments on the resignation of TFR's CEO, Siza Mzimela, and calls for competent leadership to prioritise the nation's economic wellbeing. Underperformance, past appointments, and the importance of the rail industry to the country's GDP are highlighted.
The City of East London Handles Its First Shipment of Export Manganese
The city of East London marks a significant milestone with its first export manganese call. With Transnet Freight Rail's strategies and partnerships like Tshipi é Ntle Manganese Mining, South Africa continues to strengthen its position as a leading global exporter of manganese, catering to significant consumers like China and India.
Minister Gordhan Engages Leading Local and International Asset Managers on the Draft National State Enterprises Bill
Minister of Public Enterprises, Mr Pravin Gordhan, presents the draft National State Enterprises Bill at an investment conference. With the goal of establishing SAMSOC and transforming SOEs, the bill aims to drive economic growth, reduce political interference, and realize South Africa's developmental objectives.
African Development Bank and Economic Community of West African States (ECOWAS) Assess Regional Integration Strategy
The African Development Bank and ECOWAS conclude a critical mid-term assessment of the West Africa RISP 2020-2025. With a focus on resilient infrastructure, regional business support, and collaborative projects, the partnership aims to enhance regional integration and development efforts in West Africa.
African Ministers Commit to Accelerate Infrastructural Development to Boost Africa’s Competitiveness and Participation in Global Market
African Ministers converge to address challenges and accelerate infrastructural development in Africa, targeting enhanced competitiveness in global markets. With focuses on climate resilience, digital integration, and strengthened partnerships, the aim is to actualize the AU Agenda 2063, fostering continental integration and prosperity.
A.P. Moller – Maersk Opens Doors to a 16.000 Sqm Brand-new and Technology-driven Warehouse in Douala, Cameroon
Maersk unveils a state-of-the-art 16,000 sq.m. Warehousing & Distribution facility in Douala Port Zone. Catering to the growing FMCG market in Central Africa, the technologically advanced warehouse offers efficient logistics solutions, sustainability initiatives, and boosts regional trade.
Ghana’s Latest Logistics Managers Index Reveals Slight Economic Slowdown From Boisterous Start in 2023
Discover the Q2 2023 findings from Ghana’s LMI report, shedding light on the country's slight economic slowdown. Revealing trends in warehousing, transportation, and the influence of macroeconomic factors. An essential tool from CARISCA for decision-makers, analysts, and investors.