Angola’s Ministry of Transport has launched an international tender for the concession of the Namibe Corridor, seeking a private operator to manage, operate and maintain the railway network. The ministry said the initiative aims to attract private investment and tap international expertise to improve the efficiency of rail services.
The tender covers the integration of the Moçâmedes Railway, the commercial port of Namibe, the Sacomar mineral terminal and the Arimba logistics platform, along with links to mineral- and ornamental-stone-rich areas in Huila and Cubango. The project is expected to stimulate the regional economy by supporting the transport of agricultural and agro-industrial products and boosting exports of minerals and timber.
Moçâmedes province holds significant deposits of copper, manganese, chrome, tin and lignite. The Sacomar port, which recently underwent modernization, serves as a logistics hub for the extractive industry. Angola has received funding commitments from the United States and the European Union to complete its full modernization.
Henoc Dossa
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
Izili acquired off-grid solar firm Qotto, active in Benin and Burkina Faso. The group secured $5 million in convertible bonds to support...
Benin raised $500 million through its first international sovereign sukuk. The state also reopened its 2038 eurobond for $350...
DR Congo extended temporary import restrictions on selected goods for another 12 months. Authorities aim to cut the import bill and support...
Burkina Faso inaugurated two government mini-datacenters costing $28.6 million. Authorities aim to keep public and private data hosted...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...