Transmashholding (TMH), Russia’s rolling stock manufacturer, has launched its US$8mn investment to develop a rail manufacturing facility in South Africa
Rail
GE-led consortium signs Interim Phase Agreement for railway project with Nigerian government
The International Consortium led by GE has signed an agreement in Washington D.C. to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession, following its award of preferred bidder status by the Federal Government of Nigeria in May 2017
Thales set to help Egypt’s railway modernisation plan
As part of the railway modernisation contract for the Cairo-Alexandria line, Egypt National Railways (ENR) has selected Thales to modernise the 48km Cairo-Benha section
AfDB grants US$153mn loan for railway project in Namibia
The AfDB has approved US$153mn loan to the government of Namibia to upgrade a 210km stretch of railway in the west of the country, with an aim to speed up travel and transportation in Namibia
The AfDB signs US$300mm loan agreement for Nacala Corridor project
The AfDB has signed an agreement worth US$300mn for the Nacala Corridor project, which consists of a 912km railway and a port to unlock the western region of Mozambique and landlocked Malawi