Egypt has awarded the operation of its future electric high-speed rail network to a German-Egyptian consortium composed of DB International Operations (Deutsche Bahn) and Elsewedy Electric. The 15-year contract requires at least 95 % Egyptian staffing and a full transfer of expertise to local teams.
The award follows the launch last week of the first technical tests on Line 1. This line is the initial phase of a megaproject expected to become one of the largest modern rail networks on the African continent. Stretching about 2,000 km, the corridor will connect economic hubs, strategic port cities, and several major tourist destinations.
The network is being developed by Siemens Mobility in partnership with Orascom Construction and The Arab Contractors. It will use three types of rolling stock: Velaro high-speed trains for long distances, Desiro regional trains for medium and short routes, and Vectron locomotives for freight.
Aligned with the government’s Vision 2030, the program aims to modernize transport infrastructure, strengthen national logistics, and improve territorial connectivity. Since 2014, Egypt has carried out a wide reform of its rail system to reduce accidents and improve service quality. Authorities expect the new high-speed line to ease trade flows, support economic momentum, and enhance the country’s tourism appeal.
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
FAAPA met in Gabon to address media violations and journalistic responsibility Delegates stressed media’s role in combating misinformation and driving...
U.S. allows talks on Lukoil asset sales under strict conditions Sales need separate licenses; funds must remain frozen and inaccessible Exemptions...
Lucara earned $125.2 million in the first nine months of 2025. Large high-quality stones drove 73 % of sales through the HB agreement. The...
Carlyle is assessing whether it can buy Lukoil’s foreign assets worth about $22 billion. The fund must determine if a U.S. government license is...
The second edition of Salon International de la Musique d’Afrique (SIMA) launched in Cotonou on Thursday, November 13. This year's event in Benin marks a...
Benin approves Club Med resort in Avlékété to boost tourism sector 25-hectare site to feature 336 rooms, pools, spa, and sports...