Public Management

Bolloré Railways exhibits at Innotrans

Bolloré Railways exhibits at Innotrans
Tuesday, 20 September 2022 12:07

Bolloré Railways, through its two subsidiaries Sitarail and Camrail, will be taking part in the InnoTrans trade fair from 20 to 23 September 2022 at the Berlin exhibition centre. The company will use this opportunity to meet with global players in the railway industry and move its plans forward to modernise the railway lines it operates.

Sitarail, a bi-national company operating between Côte d'Ivoire and Burkina Faso, is investing more than 15 million euros a year to modernise its infrastructure and to contribute to the economic and social development of the countries it runs through. In 2022, Sitarail acquired a new tamping-levelling-lining machine worth €3 million for maintenance on the railway between the two countries.

In Cameroon, Camrail is investing more than €18 million each year to modernise track and workshops, and to purchase equipment and rolling stock. In 2019 and 2021, more than €15 million were invested to expand the fleet of locomotives with nine new General Electric models. In 2022, the company announced that it will work with the State of Cameroon to renovate 567 km of tracks over 6 years.

Bolloré Railways is continuing to invest in modernising the rail networks it operates in sub-Saharan Africa. We are currently working on new projects - the renovation of lines in Cameroon and the modernisation of the Sitarail network, with the aim of streamlining border crossings of goods, improving traceability and reinforcing security." said Eric Melet, Managing Director of Bolloré Railways.

About Bolloré Railways

Acting as a true railway construction and operation specialist in Africa, Bolloré Railways manages and develops two concessions: Sitarail and Camrail. Sitarail operates the rail network between Côte d'Ivoire and Burkina Faso. It employs around 1,500 people and carries an average of 200,000 passengers and 1,000,000 tonnes of freight each year. Since 1999, Camrail has been operating the railways in Cameroon. The company carries an average of 575,000 passengers and 1,500,000 tonnes of freight per year. With 1,500 direct employees and 4,000 subcontracted personnel, Camrail leads an ambitious human resources policy. www.bollore-transport-logistics.com

logo bollore TL

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Mobile microloans reach 897,021 in CEMAC, totaling CFA14.45 billion Growth driven by mobile money expansion, fintech partnerships, automated...
Letshego Africa Holdings, a Botswana-based financial services group listed on the Botswana Stock Exchange, signed agreements with Axian Digital...
First RMBS listing on BRVM backed by NSIA Banque Côte d’Ivoire CFA10 billion securitization aims to expand housing finance Move seeks to deepen...
Holmarcom to acquire BNP Paribas 67% stake in BMCI Deal pending approvals, expected to close Q4 2026 Move strengthens Holmarcom...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
05

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.