Business Verge’s Post

Potential Extension Of Edea-Kribi-Kampo Railway Project To Equatorial Guinea On February 5, 2024, a pivotal meeting took place between the Minister of Transport of Cameroon, Jean Ernest Massena Ngalle Bibehe, and the Ambassador of Equatorial Guinea to Cameroon, H.E. Armando Kote Echuaga. This gathering, characterized both as a courtesy and a working visit, aimed at deepening the transport sector cooperation between the neighbouring countries. A key focus of the discussions was on the railway sector, where the Director of Railway Transport in Cameroon proposed the extension of the ongoing Edea-Kribi-Kampo railway project to Equatorial Guinea. This initiative highlights a strategic approach to regional transport infrastructure development, aiming to enhance connectivity and foster economic growth between the two nations. #EdeaKribiKampoRailway #EquatorialGuineaRailway #RegionalTransport #InfrastructureDevelopment #Connectivity #EconomicGrowth #CameroonTransport #EquatorialGuineaCooperation #RailwayExpansion #RegionalIntegration #TransportInfrastructure #AfricaRailways #CrossBorderProjects #CameroonEquatorialGuineaRelations

Namibia maintains top spot of best quality roads in Africa The Roads Authority (RA) has announced that, according to a survey done by Statista, Namibia has the best quality road infrastructure in Africa for 2024. In terms of road conditions and extensiveness, the country reached an index rating of 5.57 on a scale from 1 (lowest) to 7 (highest). Egypt and Benin followed with scores of 5.53 and 5.00, respectively. This accolade reaffirms the Government of the Republic of Namibia’s commitment to road infrastructure development and the RA’s years of dedicated work in road construction, maintenance, preservation, and innovative road transport interventions. https://lnkd.in/dZvhaWk6

In a major win for intra-African collaboration and economic growth, a Kenyan company has been awarded a multibillion-dollar contract to construct the first toll road in Madagascar. This landmark project not only showcases the engineering prowess and business acumen of Kenya but also underscores the vital role of services like that of Africa Deployments' Employer of Record services. By facilitating seamless employment across borders, Africa Deployments is empowering African firms to harness the continent's vast human resources, reducing the administrative burden and mitigating employment risks. This is more than infrastructure; it's about knitting closer economic ties within Africa, enhancing trade, and unlocking the potential of African markets. Such projects are pivotal in overcoming Africa's greatest economic challenge: boosting trade within its own borders. Here's to pioneering endeavors that pave the way for a more connected and prosperous Africa. 🌍 #IntraAfricanTrade #EconomicGrowth #InfrastructureDevelopment https://lnkd.in/g9-yRwSu https://lnkd.in/gVYTRNPV

China Signs USD 1 B Deal to Upgrade Zambia-Tanzania Railway The Chinese government has inked a USD 1 B deal with Tanzania and Zambia to rehabilitate the decades-old #Tazara railway, a project aimed at improving rail-sea transport in East Africa. The upgrade is expected to aid Zambia, Africa’s second-largest #copper producer, in exporting copper through Tanzania, enhancing trade routes to China, the world's largest copper consumer. The deal, finalized during the Forum on China-Africa Cooperation, marks the most significant investment in the Taraza railway since it was originally built with Chinese support in the 1970s. China Civil Engineering Construction Corp will oversee the USD 1 B upgrade through a public-private partnership. This revitalized railway could become a key export route for minerals from landlocked #Zambia and the Democratic Republic of #Congo, intensifying competition with Western-backed rail projects in Africa. #Infrastructure #EastAfrica #ChinaAfrica #Copper #Tanzania #Zambia #China

Africa's rapid urbanization and infrastructure development demand innovative solutions and Moneda is at the forefront of driving this economic growth by financing critical projects. Our recent partnership to finance the construction of two state-of-the-art sand transportation barges is a testament to our commitment to Africa's progress. These barges, a symbol of efficiency and sustainability, will play a pivotal role in powering construction projects across the continent. By facilitating the seamless movement of sand, a crucial resource for development, we're contributing to job creation, economic growth, and infrastructure development. Our strategic investments in projects like this demonstrate our belief in Africa's potential. We do not just provide alternative credit, we are partners in progress. Join us in shaping Africa's future. Let's build together. #kwaafrika #monedainvest #sandbarges #sandtransport #africaneconomy

The Boke-Quebo road project, representing a substantial investment of US$126.8 million, aims to significantly enhance connectivity between Guinea and Guinea-Bissau, contributing to the broader Dakar-Lagos road corridor. This endeavor not only promises to streamline transportation and trade between the two nations but also to foster regional integration throughout West Africa. Focused on constructing and asphalting over 107 km of road, along with the construction and repair of multiple bridges, the project underscores a comprehensive approach to infrastructure development. Incorporating the expertise of both local and international firms, including Mali’s Cira SAS and Guinea's West Ingenierie for supervision, and entrusting construction to China Railway Seventh Group and a consortium of Mauritanian companies, underscores a collaborative model aimed at advancing this pivotal infrastructure project. With Phase 1 receiving support from the African Development Bank (AfDB) and the European Union, and the Islamic Development Bank (IsDB) funding a segment of the project, the Boke-Quebo road stands as a transformative initiative for the region, with completion targeted by December 2026. Soil Solutions can offer invaluable assistance in this transformative project by providing innovative and sustainable solutions for road construction and maintenance. Leveraging advanced technologies in soil stabilization and dust control, Soil Solutions can enhance the project’s efficiency and environmental sustainability. Our Engineered Base Stabilizer (EBS) Solution can be applied to improve the durability and longevity of the road surfaces, reducing the need for extensive maintenance while ensuring the road remains operational throughout the year, regardless of weather conditions. Additionally, our approach minimizes environmental impact, aligning with the project's goals to foster regional integration and development sustainably. Through collaboration with Soil Solutions, the Boke-Quebo road project can achieve enhanced performance, cost-effectiveness, and a reduced environmental footprint, contributing to the infrastructure's resilience and the region's prosperity. Intelligent road solutions https://lnkd.in/dBmHPY4J #roadconstruction #roadsafety #roadmaintenance #criticalinfrastructure #environmentalsustainability #soilstabilization #dustfree #maintenancefree #carbonreduction #waterconservation #durabable #weatherproof #surfacetreatment #surfacepreparation #regionaldevelopment #costeffectivesolutions

Namibia maintains top spot of best quality roads in Africa The Roads Authority of Namibia (RA) has announced that, according to a survey done by Statista, Namibia has the best quality road infrastructure in Africa for 2024. In terms of road conditions and extensiveness, the country reached an index rating of 5.57 on a scale from 1 (lowest) to 7 (highest). Egypt and Benin followed with scores of 5.53 and 5.00, respectively. This accolade reaffirms the Government of the Republic of Namibia’s commitment to road infrastructure development and the RA’s years of dedicated work in road construction, maintenance, preservation, and innovative road transport interventions. https://lnkd.in/dverp7zQ

Exciting news from Niger State! 🚆 The government is teaming up with China Railway Corporation to develop a state-of-the-art railway network, connecting communities and boosting transportation infrastructure. This partnership promises to bring significant economic benefits and enhance connectivity throughout the State. Stay tuned for more updates on this transformative project! 👏 #NigerState #RailwayDevelopment #ChinaPartnership #diyafatimilehin #realestatenews #nigerstate #nigernews #nigerianews

Zambia and the Democratic Republic of Congo (DRC) have agreed to construct a 145-kilometer cross-border road linking Kolwezi to Lumwana in Zambia via the Kambimba-Sakabinda border posts. This infrastructure project, signed by Zambia's Infrastructure Minister Charles Milupi and DRC's Infrastructure Minister Alexis Muvunyi, aims to enhance trade, streamline the movement of goods and services, and strengthen economic ties. The project includes building a one-stop border post to facilitate efficient border operations and support Zambia’s broader infrastructure development strategy. This strategy encompasses upgrades to the Pedicle Road and a border post at Chembe on the Luapula River. On the DRC side, the road will improve access to African ports, fostering regional integration and reducing trade barriers. Key stakeholders emphasize the importance of roads for the mining sector, particularly in Lualaba Province, which holds 65% of global cobalt and copper reserves critical for electric vehicle production. With work already underway, Zambia's Sandstone Consortium Limited is constructing an 85-kilometer stretch under a Public-Private Partnership (PPP) model. The DRC’s Toha Investment Limited will complete the remaining 60 kilometers, with mobilization expected by mid-December. 

Kenya Accelerates LAPSSET Projects to Strengthen Ties with Ethiopia. Kenya and Ethiopia are set to intensify collaboration on key infrastructure projects to bolster trade and security ties between the two nations. In a recent meeting, officials from both countries outlined plans to speed up the completion of various initiatives under the Lamu Port-South Sudan-Ethiopia Transport (LAPSSET) corridor, aiming to streamline cargo movement from Lamu to Ethiopia. Ali Mbogo, Chairman of the LAPSSET Corridor Development Authority (LCDA), along with Chief Executive Stephen Ikua, provided reassurance to traders regarding the security and unhindered movement of cargo. Mr. Mbogo stated that the LCDA has urged the Kenyan government to streamline the budget allocation for all LAPSSET components. This action aims to accelerate the implementation of critical infrastructure and enhance the attractiveness of the LAPSSET corridor as the primary route for transporting goods to and from Ethiopia and South Sudan. The LAPSSET Corridor Program is an infrastructure initiative spanning Kenya, Ethiopia, and South Sudan, aimed at enhancing connectivity and economic development in Eastern Africa. It comprises seven major projects, including the construction of a 32-berth port in Lamu, interregional highways linking Lamu to various destinations, crude oil and product oil pipelines, standard gauge railway lines, three international airports, three resort cities, and the High Grand Falls Dam along the Tana River. The move comes amid assurances from Nairobi regarding the operational readiness of the Port of Lamu, with commitments to address tariff concerns and enhance security measures along the corridor. #Kenya #Ethiopia #Lapsset #InfrastructureProjects #Trade #Security #RegionalIntegration #PortofLamu #EconomicDevelopment Image: ETHIOPIA, SOUTH SUDAN, UNECA AND NEPAD TOUR LAMU PORT | https://lnkd.in/d-GfpWtT