Egypt announced a total of 22 projects to be carried out under the program to expand the Cairo metro. Until 2024, the government plans to disburse EGP512 billion ($32 billion), the minister of transport, Kamel El-Wazir (pictured), reported.
Eight projects have already been implemented for an investment of EGP33.1 billion ($2.1 billion), six projects are being implemented for EGP228.5 billion ($14 billion), while another eight projects will be launched later this month with a budget of EGP250.5 billion ($16 billion), the minister said during a meeting with officials of the National Authority for Tunnels (NAT) on July 6.
Reviewing the progress of work on the 3rd line of the Cairo Metro, he noted that Phase 3 of the construction site has reached a 36% completion rate. This segment extends over 17.7 km with 15 stations. Once completed, the third line of the Cairo metro, implemented in four phases, will cross the Egyptian capital from east to west from the airport to the western districts of the Nile. It will have 34 stations over 43.5 km. According to the Minister, the total capacity of the Cairo metro (lines 1 and 2 included) will be increased to 3.5 million passengers per day.
It should be recalled that as part of the construction work on line 3, Egypt inaugurated the largest metro station in Africa and the Middle East on 20 October 2019. Called Heliopolis Station, this facility, worth around $116.8 million and entirely financed by the Egyptian government, is built on 10,000 square meters. According to the government, its commissioning will help Egyptians save nearly $14.2 million in public transportation costs.
Romuald Ngueyap
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Local firms deliver digital solutions for transport, health, and territorial admin. Systems include biometric licenses, hospital records, and local...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...