Botswana and Zambia on Feb. 24 launched the Kazungula Bridge Authority, a joint body tasked with managing and operating the Kazungula Bridge and its one-stop border post — a key trade corridor in Southern Africa.
Developed jointly by the two governments, the initiative aims to stimulate subregional trade, ease congestion and strengthen economic integration under the African Continental Free Trade Area. It also seeks to improve border management, enhance transport efficiency and speed up trade flows between the two countries and the wider continent.
At the launch ceremony, Zambia’s president, Hakainde Hichilema, said improved coordination in managing the bridge would help reduce transit costs for businesses, cut delays for transporters and boost trade. He also stressed the need to establish a free trade zone and promote further joint investment.
Botswana’s president, Duma Boko, announced the introduction of 24-hour border operations to ensure smoother movement of goods and people. He said the measure would deepen economic cooperation, lower trade barriers and align with the objectives of the AfCFTA.
Inaugurated on May 10, 2021, the Kazungula Bridge is a road and rail structure spanning the Zambezi River at a cost of $259 million. Stretching 929 meters and equipped with modern facilities, it connects the port of Durban in South Africa to the Democratic Republic of Congo and Tanzania through the North-South Corridor.
Built to replace an aging pontoon ferry that previously transported freight trucks across the river, the bridge has eased the movement of goods and people. It is designed to lower trade costs, encourage industrialization and reinforce integration within the Southern African Development Community.
Lydie Mobio
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Gulfcam plans to acquire six vessels to strengthen container transport between Kribi and Douala. The company aims to handle up to 50% of freight...
MSC has signed a 45-year concession with Nigerdock to develop a container terminal at Snake Island Port in Lagos. The project is part of a...
World Bank announces $137 million to boost West Africa digital economy Program expands broadband, aiming connect 5.2 million people Initiative...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online. The plan also includes faster compensation...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...