$49.4 million –
Kenyan Airways has halved its pretax loss to 5 billion shillings ($49.4 million) over the past six months. The financial results were published earlier than expected, in response to next week’s planned pilot strike. The Kenyan government owns close to 30% of the airline, and warned the union against strike action.
South Africa’s Railway Safety Regulator CEO Nkululeko Poya, said that vandalism and theft of assets including cable theft, accounted for more than 60% of the rail system’s security related incidents. The 2015/16 Annual State of Safety report highlighted a R92 million ($6.85 million) cost to the rail system during the 2015/2016 financial year.
Air pollution in Africa is killing more than 700,000 a year according to a study by a global policy forum. Egypt, South Africa, Ethiopia and Nigeria were identified as the main contributors to air pollution. According to the study, “air pollution costs in Africa are rising in spite of slow industrialisation, and even de-industrialisation in many countries.”
Nearly 850,000 people in drought stricken southern Madagascar are experiencing “alarming” levels of hunger. The UN noted that more urgent aid is needed to prevent a major disaster.
The African Union’s 54 countries have signed up to a charter designed to improve maritime security and boost trade on the African continent. The charter aims to support efforts to combat maritime threats (e.g. piracy), promote trade and encourage the creation of sustainable jobs in the maritime sector.
4,000 km –
The Kenyan government plans to tarmac 4,000 km of road over the next four years, according to the Transport Cabinet Secretary James Macharia. Kenya’s paved road length has increased from around 1,800 km at independence, to close to 10,000 km at present.
DP World commits to develop Dakar logistics hub (Trade Arabia)