1.5 billion –
South Africa’s Transnet, plans to spend R21.8 billion ($1.5 billion) over the next seven years to increase rail capacity to 81 million tons, on the coal export line between the Waterberg in Limpopo and Richards Bay in KwaZulu-Natal.
Tanzania Zambia Railway Authority (TAZARA) marks its 40th anniversary. Tanzania-Zambia Railway Authority (TAZARA) is forecasting to move about 380,000 metric tons of cargo by June 2017, or a 100% increase on the previous fiscal year. TAZARA attributes their optimism to government commitment and leadership with a new vision. In the 2014/2015 fiscal year, TAZARA managed to move only 88,000 metric ton.
EUR 52.5 million –
The International Finance Corporation (IFC) is providing EUR 52.5 million ($58 million) to increase the capacity and improve the efficiency of Gabon’s rail network.The financing was awarded to Societe D’exploitation Du Transgabonais (Setrag), which is the concessionaire. The Transgabonais (Trans-Gabon in English) is the only railway in Gabon, and the 650 km line runs between Franceville and Libreville.
Nairobi’s consumer expenditure is expected to increase 208%, or from Sh565.6 billion ($5.6 billion) to Sh1.7 trillion ($16.7 billion) in 2030. The city is forecasted to be a more attractive consumer goods and services locations compared to other large urbanising African cities. The research firm Euromonitor International conducted the research, covering 24 cities.
30 years –
According to Ghana’s Civil Aviation Authority (GCAA), flying an unregistered drone in Ghana, could cost you 30 years in jail. Piloting a drone will also require a license.
Libya’s idle ports (ASCF)
Private-public partnerships and increased collaboration are essential to improving humanitarian supply chains (ASCF)
Africa’s richest man plans refinery to end Nigeria’s fuel woes (How We Made It In Africa)
Biofuel makes history in African aviation (ESI-Africa)
UK logistics company accused of bribing Angolan oil firm (CIPS)
African blocs fail to agree on Free Trade Area (The East African)
AU to roll out visa-free travel (Standard Digital)
Buhari approves further investigation of Nigeria army procurement scandals (Nigerian Observer)