railways - Logistafrica.com

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

February 8, 2024February 8, 2024 logistafrica

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…

The role of railways in empowering AfCFTA’s success

July 25, 2022November 22, 2022 logistafrica

Trading under the African Continental Free Trade Area (AfCFTA) commenced in January 2021, creating a huge single market of 54 African states – all but Eritrea – of almost 1.4 billion people. It’s a game changer for Africa with the UN Economic Commission for Africa (UNECA) estimating (1) that AfCFTA has the potential both to boost intra-African trade by 52.3% by eliminating import duties, and to double this trade if non-tariff barriers are also reduced’. Jettisoning the trade barriers Prior to the AfCFTA, cross-border African trade was impeded by average tariffs of…