Suez Canal Expects $7B Drop in Revenue for 2024
With the Houthis attacking ships in the Red Sea, the maritime traffic through the Suez Canal has dropped dramatically in
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Infrastructure
Eurasian Railway Meeting Convened in Beijing to Explore Connectivity Expansion
On 25 December 2024, experts met in Beijing to discuss the China-Kazakhstan-Turkmenistan-Iran (CKTI) rail route. The meeting reviewed operational results
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Somalia Unveils New Mogadishu Development Initiative
On 19 December 2024 in the Somalian capital Mogadishu, President Hassan Sheikh Mohamud officially unveiled the New Mogadishu Development Initiative,
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Ethiopia and DR Congo Partner to Launch Air Congo
Air Congo was officially launched with two Boeing 737-800 aircrafts in December 2024. On 1 December 2024, Air Congo undertook
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Addressing Regional Leaders, Ruto Reiterates Plan to Extend SGR to Uganda, Rwanda and DRC
Addressing an audience of leaders from the region during the official opening of East Africa Community (EAC) Interparliamentary Games in
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Boluarte and Xi Inaugurate Chancay Port During APEC Summit 2024
Peruvian President Dina Boluarte and Chinese President Xi Jinping proceeded to a virtual inauguration of the seaport of Chancay one
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Ethiopia Approves $738M Loan Backed by Oil for Regional Highway to South Sudan
On 5 November 2024, Ethiopia announced that its Parliament has approved the financing to build a regional highway to enhance
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President Nguema Kicks Off Upgrade of Gabon-Congo Brazzaville Highway
On 1 November 2023, Gabonese President Brice Nguema kicked off the upgrade of the Ndende-Doussala cross-border highway linking Gabon to
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Norwegian Firm Inrigo to Upgrade Japoma Water Purification Plant in Cameroon
Inrigo is a Norwegian company specialized in water and energy solutions and has been selected to undertake the upgrade of
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Yapi Merkezi Wins $3B Bid to Build Rail to Link Uganda with Kenya
On 14 October 2024, the Uganda Government and Turkish Civil Works Contractor Yapi Merkezi signed a contract to build a
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