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Nigeria needs $16bn to construct, modernise rail lines

The Nigerian government needs about $16 billion to construct and modernise major rail lines, an official said...

By Sani Tukur 9 Oct 2017

Benin court throws out Bollore bid for rail plan

Benin's top court has rejected a bid by French group Bollore to recover control of a rail project to link Cotonou with Abidjan...

4 Oct 2017

Railway to distribute 1.8-million litres of petrol products nationwide

The Nigerian Railway Corporation (NRC) has indicated readiness to deploy its 40 tank wagons for distribution of 1.8-million litres of petrol nationwide if contacted by marketers...

By Kingsley Jeremiah 27 Sep 2017

Railway set to cut down cargo freight costs

Kenya recently approved freight tariffs for the standard gauge railway, as the government seeks to meet its target of transporting 40% of cargo from Mombasa port by rail...

21 Sep 2017

Future state of heavy haul rail network in Africa critical

According to Brian Monakali, deputy chairman of the International Heavy Haul Association and chairman of the SA Heavy Haul Association, the future state and role of the heavy haul rail network in Africa is a critical discussion...

14 Sep 2017

Why China's audacious building plans could be a major strain on African economies

It has been described by Chinese president Xi Jinping as the “project of the century”. And the One Belt One Road (OBOR) initiative is certainly ambitious...

By Ricardo Reboredo 7 Sep 2017

Railway development key to improving access to Southern Africa hinterland countries

The development of railway infrastructure is an important building block to improve trade across Southern Africa Hinterland Territories which are vital for the growth of the African continent...

29 Aug 2017

Senate okays government's $1.8bn for railway projects

The senate has approved the $1.8bn federal government 2016-2018 external borrowing (rolling) plan for Lagos-Kano railway modernisation project and reconstruction/rehabilitation of the North-East...

By Henry Umoru 29 Jul 2017

Expanded engagement for Caterpillar: Boosting sales and alleviating poverty

A strong signal of growing business engagement with Africa by large US corporations was the announcement last September by Caterpillar CEO Doug Oberhelman of plans to invest over $1b in Africa over the next five years...

14 Jul 2017

NRZ gets $5m for fleet repairs

The National Railways of Zimbabwe (NRZ) has secured a $5m loan from a local bank to repair part of its fleet and is also negotiating with a Russian firm to supply it with 100 new wagons...

6 Jul 2017

Dar es Salaam Port savours double delight

With the transport sector still savouring the expected benefits of the announced scrapping of VAT on transit cargo, a move that is likely to increase volume of consignments at the Dar es Salaam Port, the harbour has received yet another shot in the arm...

By Mariam Said 13 Jun 2017

Posta to test bus service for SGR train passengers

Posta will over the next one month run a pilot project to provide last-mile connections for standard gauge railway (SGR) passengers, the latest bid in the company's efforts to diversify its revenue sources.

By Muthoki Mumo 4 Jun 2017

Kenya unveils first new railway in a century

More than a century after a colonial railway gave birth to modern Kenya, the country is betting on a new Chinese-built route to cement its position as the gateway to East Africa...

30 May 2017

Tanzania in need of finance for standard gauge railway

Tanzania is struggling to find financiers for its proposed $1.2bn standard gauge railway as leaders continue to raise questions about the viability of the project...

By Erick Kabendera 25 May 2017

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International

What businesses can do to stamp out slavery in their supply chains

Until quite recently, businesses didn't have a reason to dig deeper than assessing the price and appearance of the products shipped to their warehouses. But the reality of buyer-driven global supply chains means their decisions on price and the suppliers they select dictate conditions for workers across their entire supply chain.

5 Oct 2017

Walmart adds NY delivery company to e-commerce empire

NEW YORK, US: Walmart Stores announced Tuesday that it acquired New York delivery company Parcel as it girds to compete with Amazon and other supermarkets for home delivery of groceries.

4 Oct 2017

Elon Musk's BFR will fly from London to Cape Town in just 34 minutes

Elon Musk may be nuts, but a remarkable number of the South African-born businessman's ventures have been successful. This week at the International Astronautical Congress in Australia, he announced another “really special” proposal.

By Andy Walker 2 Oct 2017

Etihad Aviation Group appoints Tony Douglas as CEO

Tony Douglas has been appointed as the new CEO of Etihad Aviation Group, effective January 2018.

29 Sep 2017

Electric car-sharing service to roll into Singapore

SINGAPORE: An electric car-sharing service will be launched in Singapore in December, in what the company behind the scheme said on Wednesday was a first for Southeast Asia.

28 Sep 2017

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