The European Investment Bank (EIB) is providing a total of €2.7 million to support two railway projects in Egypt. Related agreements were signed with the Egyptian National Tunnels Authority (NAT) and the Ministry of International Cooperation.
The first project, the rehabilitation of Cairo Metro Line 2, will receive €1.2 million. Backed by the Economic Resilience Initiative Fund (ERI), it covers technical assistance for the feasibility study and the renovation of the rolling stock.
Also supported by the ERI fund, the second project concerns feasibility study works (including an environmental and social impact study) of the Tanta - El Mansoura - Damietta rail project. It includes the rehabilitation of 118 km of the Tanta - El Mansoura - Damietta railway line, the doubling of the El Mansoura - Damietta section, which currently covers 65 km, and the re-signaling of line and stations. A freight yard and a cargo link to the port of Damietta are also being studied.
The Egyptian government expects this project to improve the safety, availability and reliability of the line crossing the Nile Delta.
Romuald Ngueyap
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...
Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...
Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in...
Cameroon wins gold at 2026 Cacao of Excellence Awards Top sample selected from 191 entries worldwide Award boosts position in premium “fine flavour”...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private investment Progress slowed amid coordination,...
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
DR Congo bans South African livestock imports over FMD Measure suspends permits for animals and animal products South Africa ramps up vaccination,...
More than 500 media leaders gathered in Nairobi on Feb. 25–26 for the fourth African Media Festival under the theme “Resilient Stories: Reinventing...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...