EU Africa RISE Holds Validation Workshop on Strategic Corridors in SADC
From 17 to 18 April 2024, the European Union Africa RISE (Reform for Investment and Sustainable Economies) program held a
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Infrastructure
UK to Support Lobito Corridor with $500M Investment
Richard Benyon, UK Minister of State at #FCDO and DFAR, led a delegation to Angola with a view to deepening
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IFC Provides €20M Loan to Upgrade Cotonou Container Terminal
The IFC is finalizing a loan to Benin Terminal — a subsidiary of French group Africa Global Logistics (AGL) —
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Tanzania Receives Its First Electric Train from Korean Hyundai
As part of the Tanzania #SGR project, the Tanzania Railways Corporation (TRC) took delivery of five Electric Multiple Unit (#EMU)
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France Finances Nairobi Commuter Rail to the Tune of $140M
During the visit of French Foreign Minister Stéphane Séjourné in Nairobi, France and Kenya signed an agreement whereby France will
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Angola Revamps Concession for Container and General Cargo Terminals at Lobito Port
In a remarkable geopolitical shift, Angola has restructured Lobito Port by retendering the concession and awarding it to Africa Global
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ADQ to Inject $35B to Develop Ras El-Hekma Coastal City and Boost Egypt’s Economic Growth
In February 2024, the ADQ-led consortium unveiled plans to invest USD 35 billion in Egypt. ADQ will disburse USD 24
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DRC to Export Copper via Lobito Corridor
During the Mining Indaba which was held in Cape Town from the 5 to 8 February 2024, Trafigura announced that
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China Submits Proposal for TAZARA Upgrade
In order to compete with the #LobitoCorridor to Atlantic Ocean, China has officially submitted a proposal to revamp the legendary
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DP World Commits to Half-Billion Dollar Container Terminal During Vibrant Gujarat Summit
During the 10th Vibrant Gujarat Summit (#VGGS2024) which kicked off on 10 January 2024, DP World Chairman and CEO Sultan
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