Latest News Rail transport

Rail transport

23/09/2022 at 13h49, by Africa Business+

Wabtec sells three freight locomotives to ArcelorMittal Liberia for $14 million

The US rail group, active in South Africa, recently sold this rolling stock with an option for six other...

Industry

22/09/2022 at 15h48, by Africa Business+

France signs financing agreement for rolling stock for phase 2 of the Dakar TER

Alstom will supply seven additional Coradia Régiolis trains as part of the line extension, which will...

Construction & Infrastructure

22/07/2022 at 17h00, by Africa Business+

ALSF approaches Africa50 on the road-rail bridge project between the two Congos

The legal organisation will support the construction of this infrastructure linking the Republic of...

Mines

20/07/2022 at 16h32, by Africa Business+

Trafigura consortium wins Angola’s Lobito rail freight corridor

Trafigura, Mota-Engil and Vecturis beat a grouping of three Chinese companies on this 1,300 km link...

Rail transport

08/07/2022 at 16h26, by Africa Business+

Meridiam seeks MIGA umbrella for Setrag investment

The subsidiary of the World Bank is considering a possible cover for the investor in the company operating...

Rail transport

24/06/2022 at 16h51, by Africa Business+

Mama Sougoufara, MD, Alstom MENAT : “We intend to play a leading role in clean mobility in Africa”

With an industrial presence in Morocco, Algeria, and Egypt and a significant presence in South Africa...

Rail transport

27/05/2022 at 16h58, by Africa Business+

South African court dismisses Chinese application to quit Transnet case 

Two Chinese manufacturers have been implicated in the alleged bribery case related to the supply of...

Rail transport

22/04/2022 at 16h45, by Africa Business+

Bolloré will not invest in Congo Ocean Railway though it is a valuable partner

The Chemin de fer Congo Océan (CFCO) now transports only one container in ten on the Pointe-Noire-Brazzaville...

Rail transport

07/04/2022 at 14h14, by Christelle Marot

Shumani Madanda takes charge of Bombela Maintenance Co (Alstom) in South Africa

Bombela Maintenance Company (BMC), majority-owned by the French group Alstom, is responsible for maintaining...

Advisory

23/03/2022 at 18h14, by Africa Business+

Dakar BRT: Meridiam structures financing and calls on MIGA

The investment for this project, estimated at €135 million, will be financed in part by loans from development...

Rail transport

04/03/2022 at 17h54, by Africa Business+

Congolese SCTP to purchase railway rolling stock

The financing will be done within the Emergency and Modernisation Plan framework of the public railway...

Logistics

01/03/2022 at 17h40, by Africa Business+

At Comilog, Léod-Paul Batolo plans in house financing of additional €50 million capex for 2022

The subsidiary of the Eramet mining group plans to increase its spending to €200 million in 2022 to...

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