US-based Flight Source International has entered into a partnership with Nigeria’s AvonHeli System to establish a helicopter and aircraft maintenance hangar in Nigeria
Logistics
GE to assemble 200 locomotives for Nigeria
Nigeria has announced a partnership with General Electric (GE) under which GE will assemble 200 rail locomotives over a 10-year period
SAA to acquire long-haul aircrafts
South African Airways (SAA) has outlined plans to invest between US$4bn and US$7bn for the acquisition of 25-30 long-haul aircrafts to meet increased air travel demands in South African air travel industry
Infrastructure Bank to fund Nigerian rail project
Nigerian financial agency Infrastructure Bank has plans to invest US$2bn in a Lagos Red Line mass transit system which will transport at least two million passengers daily from Alagbado to Marina
India to sanction loan for Africa rail project
India will lend US$300mn to fund a railway line connecting Ethiopia and Djibouti as part of its programme to invest in Africa