V.A.O.B Facilitates Historic Train Procurement for the Government of Ghana

V.A.O.B, a leading intermediary in the infrastructure sector, has announced the successful sale of its first rolling stock to the Government of Ghana, marking a significant milestone for Ghana’s railway transport sector. This transformative transaction solidifies V.A.O.B’s position as a key player in fostering international collaboration, spearheading the Government of Ghana’s first-ever train purchase from a European country, and simultaneously, ushering Polish manufacturers’ inaugural entry into the African market. The success of this deal sheds light on V.A.O.B’s extensive experience in navigating complex transactions between major stakeholders in the infrastructure…

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Ghana: African Development Bank approves $23.04 million for modern Floating Dock Facility

The Board of Directors of the African Development Bank (http://www.AfDB.org) has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a modern floating dock ship repair facility in Ghana’s western Takoradi port.   The loan will support the company to design, build, operate and maintain a world-class ship repair and maintenance facility in the Gulf of Guinea under a 25-year concession granted to the company by the Ghana Ports and Harbours Authority. The project, estimated to cost $137…

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CILT Ghana ADDRESSING THE ALARMING RISE OF NEEDLESS ROAD TRAFFIC CRASHES AND BOAT DISASTERS IN GHANA

June 7, 2023 – The Chartered Institute of Logistics and Transport (CILT), Ghana is saddened and concerned about the current road and water transport safety situation in the country. The recent incident on the Accra-Cape Coast road that resulted in the premature termination of 16 lives with numerous others injured, serves as a stark reminder of the urgent call to combat these needless, but often preventable road traffic crashes. Again, the recent boat disaster that occurred on the Black Volta in the Savannah Region which left one person dead, and…

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GROWING AFRICAN ECONOMIES AND BUILDING COMMUNITIES WITH FRESH PRODUCE EXPORTS

Over the past ten years, there has been a gradual transformation of African farming practices to enhance the focus on Africa’s export capacity. The continent is now firmly on the path to emerge as one of the world’s top exporters of fresh produce, but there are still lessons to be learned and supply chain challenges to be understood and overcome, according to Keith Marshall, CEVA Logistics’ air freight leader for Middle East and Africa. For the past two decades, Marshall has been directly involved in tracking volumes of major African…

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Ghana: US$330 Million Boankra Inland Port to be Completed by March 2024

ACCRA, Ghana The President of the Republic, Nana Addo Dankwa Akufo-Addo, has been assured that the US$330 million Boankra Integrated Logistics Terminal project, popularly referred to as the Boankra Inland Port Project, which has been on the drawing board for some eighteen (18) years, will be completed by the first quarter of 2024.   The Concessionaire, Ashanti Ports Services Limited, a joint venture of Afum Quality Limited of Ghana and DSS Associates of the Republic of Korea, made this known on Sunday, 16th October 2022, when President Akufo-Addo visited the site…

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Ghana Easing urban traffic: Kumasi to get electric rail system

The first electric light rail transportation, also known as the Tram System, is to be launched in Kumasi, the Ashanti Regional capital. The project, which forms part of the government’s effort to ease traffic congestion, particularly in urban centres, will be fully financed by the Czech Government at a total cost of about 180m Euros. A feasibility study has already been completed and the report handed over to the Ministry of Railway Development in September 2020, but the project had to be delayed because of the 2020 electioneering. A consortium…

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Ghana: Government and Thelo DB Consortium to Sign US$3.2 Billion Rail Project Contract

The signing ceremony of this contract which will take place during a ministerial program organized by the Secretariat of the African Continental Free Trade Area Agreement (AfCFTA) in Accra at the Labadi Beach Hotel, will be attended by several personalities from the country and the continent. These include: H.E. Nana Addo Akufo-Addo, President of Ghana, H.E. John-Peter Amewu, Minister of Railway Development of the Republic of Ghana, H.E. Ebrahim Patel, Minister of Trade and Industry of South Africa, H.E. Wamkele Mene, Secretary General of the Secretariat of the African Continental…

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Dubuy.com the e-commerce platform of DP World expands Africa presence with launches in Ghana and Zambia

DP World today announced the continued expansion of its e-commerce platform Dubuy.com in Africa, with launches in both Ghana and Zambia. The latest roll-out of the wholesale marketplace opens access to global supply chains for even more African businesses. Dubuy.com provides advanced technology and secure transactions for wholesale traders, connecting them safely and efficiently to international markets. These digital tools are underpinned by DP World’s robust physical infrastructure across Africa, such as the port at Maputo and its connections with East and South Africa. On the West Coast, DP World…

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