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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Infrastructure
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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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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Tanzania Ports Authority Unveils Expansion Plan
On 9 January 2024, the Tanzania Ports Authority (TPA) unveiled its plans for expanding its seaports at Dar es Salaam
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AfDB Approves $700M for Burundi-Tanzania Rail Project
On 12 December 2023, the AfDB approved USD 696.41 million of financing for Phase II of the Burundi-Tanzania Standard Gauge
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Luanda Metro Project Making Slow but Steady Progress
First announced in 2019, the Luanda metro project is now entering the ‘development stage.’ So far, two MOUs have been
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