A new terminal will be built in the port of Damietta/Egypt. For this purpose, a Joint Venture was founded to develop and operate the new “Terminal 2” in the port. The Joint Venture “Damietta Alliance Container Terminal S.A.E.” consists of three core shareholders which are Hapag-Lloyd Damietta GmbH (39%), Eurogate Damietta GmbH (29.5%) and Contship Damietta Srl (29.5%). Two other partners, Middle East Logistics & Consultants Group and Ship & C.R.E.W. Egypt S.A.E., will each hold 1%. The new Terminal 2 at the port of Damietta is expected to start…
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EAST AFRICAN CRUDE OIL PIPELINE (EACOP) LTD. MAIN LOGISTICS CONTRACTOR SERVICES AWARD
Bolloré Logistics is proud to announce that it has been awarded a contract for the Main Logistics Contractor Services (MLC) for the East African Crude Oil Pipeline (EACOP) project. This award follows an extensive and detailed tendering process. The EACOP project will construct a 1,443 Kilometre buried pipeline that will transport Uganda’s crude oil from Kabaale in Uganda to the Chongoleani peninsula on the Tanzanian coast. The project will include the world’s longest electrically heated pipeline which will be thermally insulated throughout the entire route. Above-ground pumping stations and pressure…
Read MoreETHIOPIAN AIRLINES, UTD AVIATION SOLUTIONS AND AFRAA SIGN MOU TO RE-ESTABLISH AFRICAN AVIATION RENAISSANCE IN MRO SERVICES
Ethiopian Airlines MRO, UTD Aviation Solutions and the African Airlines Association (AFRAA) have signed a tripartite MoU to work together on Maintenance, Repair, and Overhaul (MRO) services in pursuance to the The Brown Condor Initiative (BCI). The signing ceremony took place at Ethiopian Airlines headquarters in Addis Ababa, Ethiopia. The Brown Condor Initiative (BCI) is a joint initiative which was conceptualized in 2020 and officially launched by UTD Aviation Solutions and AFRAA in May 2021. The BCI project is aimed at providing a platform for AFRAA members with Maintenance Repair…
Read MoreEGYPT : CABINET APPROVES KOREAN FINANCE DEAL FOR UPGRADING LUXOR-HIGH DAM RAILWAYS
The Cabinet approved during its weekly meeting under Prime Minister Moustafa Madbouli a draft presidential decree on a financing agreement between Egypt – represented in the Ministry of Transport – and the Export-Import Bank of Korea at 1.518 euros to contribute to a project for financing a Luxor-High Dam railways at 224 kilometers. The project aims at updating the current signaling system to replace the current mechanic system by electronic one in order to ensure highest safety standards. The project will help follow up the trains’ courses via a computer…
Read MoreSENEGAL: THE ISLAMIC DEVELOPMENT BANK FINANCES THE CONSTRUCTION OF THE DAKAR-TIVAOUANE-SAINT LOUIS HIGHWAY FOR AN AMOUNT OF 238 MILLION EUROS
On Sunday 17 April 2022, the Government of Senegal and the Islamic Development Bank signed a financing agreement in Jeddah, Saudi Arabia, for the Dakar-Tivaouane-Saint Louis motorway construction project. The Islamic Development Bank is contributing 238 million euros to the construction of the motorway, which will link Dakar to Saint Louis and is about 200 km long. This motorway will pass through Lac Rose, which is home to the new city designed to relieve Dakar’s congestion and will be the capital’s second gateway to and from the northern cities. Eventually,…
Read More“OPIBUS” REBRANDS – BECOMES “ROAM”
Opibus, a Swedish-Kenyan technology company that develops, designs and manufactures electric vehicles with a bid to lead the transition to sustainable transport has rebranded to ROAM. The purpose of the change is to better represent the values the company stands for. ROAM means to travel over a wide area, signifying the company’s exploration of Africa. The new name is intended to reflect the company’s ambition to electrify Africa’s transportation sector, as well as its grand ambition to deliver disruptive technologies optimized for the local use case all over the continent. …
Read MoreBOLLORÉ TRANSPORT & LOGISTICS BENIN TRANSPORTS SIX ELECTRICAL TRANSFORMERS UNDER THE COMPACT II PROGRAMME
From 26 February to 30 March 2022, Bolloré Transport & Logistics Benin teams transported six electrical transformers weighing a total of 464 tonnes to equip numerous thermal power stations in Benin. This operation was carried out on behalf of GE/GRID Solution, a local subsidiary of General Electric, under the Compact II programme represented by the Millennium Challenge Account (MCA). Shipped by container from Turkey, the equipment was received at the Port of Cotonou before being transported by road over a cumulative distance of 887 km. Of the six transformers, two…
Read MoreAfrica Road Builders: Tanzanian President Samia Suluhu Hassan wins the 2022 Babacar Ndiaye Trophy for transport success
The prize is awarded to leading figures in Africa who have demonstrated their commitment to the development of transport infrastructure on the continent Tanzanian President Samia Suluhu Hassan has been named the 2022 winner of the Africa Road Builders–Babacar Ndiaye Trophy. The prize is awarded to leading figures in Africa who have demonstrated their commitment to the development of transport infrastructure on the continent. The selection committee for the award commended Hassan for her “personal leadership, huge investments and commitment” to extending roads and the railway network in Tanzania. “We…
Read MoreCOMOROS: AFRICAN DEVELOPMENT FUND COMMITS $21.6 MILLION TO UPGRADE NATIONAL ROAD NETWORK
The Board of Directors of the African Development Fund approved on Thursday in Abidjan $21.6 million in grants for the third phase of the National Road Network Rehabilitation Program in the Union of Comoros. The grants comprise $14.1 million from the African Development Fund, the concessional window of the African Development Bank Group, and $7.5 million from the Transition Support Facility, a special purpose entity within the Bank Group that provides funding complementary to its other instruments. The project’s third phase will focus on improving the RN2 (Ourovéni-Foumbouni) in Grand…
Read MoreCAMEROON CONSTRUCTION OF A NEW TERMINAL AT THE PORT OF DOUALA-BONABÉRI
The Director General of the Douala Port Authority (PAD), Mr. Cyrus Ngo’o and the General Administrator of the KTH Company signed last Thursday, March 31st, a Convention for the construction, operation and renovation before retrocession to the PAD, of 42 ha of mixed bulk carriers terminals. With a total cost of 280 billion CFA francs, this project is carried out under a BOT type agreement: financing entirely sought by the promoter without endorsement or guarantee from the PAD, for a period of 5 years of construction and 25 years of operation. With a…
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