Category: Transports

INAUGURATION OF THE LONGEST BRIDGE IN SENEGAL, THE LARGE TOLL BRIDGE OF FOUNDIOUGNE, NAMED NELSON MANDELA

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This Saturday, March 26, 2022, the President of the Republic of Senegal, Macky Sall, accompanied by the Ambassador of the People’s Republic of China, China Xiao, and the Minister in charge of infrastructure, Mansour Faye, proceeded to the inauguration of the large toll bridge of Foundiougne. The 1.3 km long infrastructure that crosses the Saloum River in the commune of Foundiougne in the west of the country, was financed to the tune of 45 billion CFA francs (about 77 million USD) by the State of Senegal and Eximbank of China.…

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THE AFRICA INVESTMENT FORUM: CATALYZING FINANCING FOR GAME-CHANGING ABIDJAN-LAGOS HIGHWAY PROJECT

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The construction of the  1,081-kilometer Abidjan-Lagos highway will have a significant impact on the economies of five West African countries – Côte d’Ivoire, Ghana, Togo, Benin and Nigeria. Valued at $15.6 billion and led by the Economic Commission of West African States, this transformative public-private partnership project was the largest investment opportunity showcased at the Africa Investment Forum virtual boardrooms held from 15 to 17  March 2022. The Africa Investment Forum is a transactional, multi-stakeholder and multi-disciplinary platform that raises capital for large-scale investments in Africa. In advance of the…

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MERIDIAM SIGNS THE CONTRACT FOR THE FIRST ELECTRIC BUS IN AFRICA IN DAKAR

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Meridiam has just signed the concession contract for the Bus Rapid Transit (BRT) project in Dakar. This project, that Meridiam will implement with its partners Keolis and Fonsis is the first of its kind in Africa[1], and represents a total investment of more than €135 million. It includes the operation and maintenance for 15 years of this new clean public transport network, entirely dedicated to 100% electric buses. It is expected to be operational in the summer of 2023. This project will create about 1000 direct and local jobs, with…

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SENEGAL: GTS-SA AND SENTER SA SIGN AN AGREEMENT FOR THE OPERATION OF THE DIAMNIADIO STATION

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In order to have a large number of passengers, the Regional Express Train (TER), launched last December, must rely on other means of public transport. It is in this context that GTS-SA and SENTER SA signed a memorandum of understanding on Thursday, March 17, 2022. This agreement signed by the General Manager of Grands Trains du Sénégal (GTS-SA), Mr. Samba NDIAYE, and the General Manager of the National Company for the Management of the Regional Express Train Heritage: SENTER-SA, Mr. Abdou Ndéné SALL, aims at a common exploitation of the…

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eWAKA OFFICIALLY LAUNCHES GREEN RESPONSE TO AFRICA’S EXPANDING TRANSPORTATION REQUIREMENTS

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Fund Raising Effort Underway to Develop Local African Assembly Facility and to Further Expand Robust IT Capabilities eWAKA (eWAKA.tech), Africa’s new market entrant that is spearheading sustainable mobility options to enhance the region’s economic prospects, today officially launched a green response to Africa’s expanding transportation requirements. eWAKA is currently fund raising to develop a local African assembly facility and to further expand the existing IT capabilities for increased client security and improved operating performance of their transportation vehicles. eWAKA offering consists of a comprehensive line of electric vehicles for multiple customer…

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SOUTH AFRICAN CIVIL AVIATION AUTHORITY CONFIRMS THE INDEFINITE SUSPENSION OF COMAIR’S AIR OPERATOR CERTIFICATE

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Following the 24hour precautionary suspension of Comair PTY Ltd.’s Air Operator Certificate (AOC) privileges on Saturday morning 12 March 2022, the South African Civil Aviation Authority (SACAA) confirms that the AOC is now indefinitely suspended pending the Operator addressing all the findings as communicated by the Regulator on Saturday morning. The SACAA recognises the efforts of the Operator to close the findings as speedily as possible and in this regard the Operator started dispatching the evidence to the Regulator from the evening of Saturday 12 March 2022. The inspectorate team…

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SCZONE IS IN DISCUSSIONS WITH MAERSK FOR THE GREEN FUEL PRODUCTION

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Eng. Yehia Zaki, Chairman of Suez Canal Economic Zone (SCZone), met a delegation from APMoller-Maersk (Maersk) headed by Mr. Morten Christiansen, Vice President, Head of Decarbonization projects, to discuss a bilateral cooperation in Green Fuel industry. The meeting was through a 3 days workshop began between the two sides in Cairo, followed by a visit for Maersk delegation to the integrated industrial zone in Sokhna, to discuss ways to implement projects of Green methanol and green ammonia production. These discussions came within the framework of enhancing the cooperation in the…

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HAPAG-LLOYD TO ACQUIRE CONTAINER LINER BUSINESS OF AFRICA SPECIALIST DEUTSCHE AFRIKA-LINIEN (DAL)

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Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) today signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL. With a history dating back to the year 1890, DAL is an established liner shipping company for the transportation of containerised cargo and operates with four liner services between Europe, South Africa and the Indian Ocean. Headquartered in Hamburg, the Africa expert is represented with own offices in Germany and South Africa as well as through third-party agents in 47 countries worldwide. Their liner business (including agencies)…

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NAMPORT INVESTS CLOSE TO 17 MILLION NAMIBIAN DOLLARS IN NEW CARGO HANDLING EQUIPMENT

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The Namibian Ports Authority today commissioned 2 Reach Stackers and 4 forklifts, a development that is sure to provide satisfaction to all affected stakeholders.  As it is Namport’s core business to handle cargo, the acquisition of these cargo handling equipment was a critical step on the company’s roadmap towards effective and efficient service delivery to its valued customers. The entity has set forth its strategic plan to underpin the achievement of its vision and drive to be the best performing seaports in Africa. Underlying the strategic plan are four strategic…

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ETHIOPIAN AIRLINES AND BOEING SIGN MEMORANDUM OF UNDERSTANDING FOR NEW 777-8 FREIGHTER

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The Memorandum of Understanding to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis Ababa and position the carrier for long-term sustainable growth. “Consistent with our history of aviation technology leadership in Africa, we are pleased to sign this MoU with our longstanding partner Boeing, which will make us join select group of launch customer airlines for the fleet. In our vision 2035, we are planning to expand our Cargo and Logistics business to be one of the largest global…

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