Uganda Launches $250m Chinese-Owned Gold Mine to Boost Exports and Value Addition
Uganda has inaugurated on August 17 its first large-scale gold mine, a $250 million project in Busia district owned by Chinese firm Wagagai Mining (U) […]
railway
Rail connection to Luanda’s new airport begins on November 7
Railway circulation between Bungo stations (Luanda) and Dr. António Agostinho Neto International Airport (AIAAN), begins on November 7th, three days before the date scheduled for […]
Angola takes over SADC presidency
The Angolan Head of State, João Lourenço, took over the rotating presidency of the Southern African Development Community (SADC) for the period 2023-2024, during the […]
Mozambican railroad loses 290K Euros in robberies in five months
The company Portos e Caminhos de Ferro de Moçambique (CFM) recorded losses of over 20 million meticais (290 thousand euros) due to theft and vandalism […]
The Ethiopia-Djibouti railway line to start commercial operations in October
Chinese-built electric rail line built in Ethiopia will start commercial operations in October this year, it was officially announced. The 756-km stretch linking Addis Ababa […]
Djibouti opens new 690-hectare mega port
Djibouti has opened the country’s latest mega port with world-class facilities and equipment on Wednesday. The $590 million Doraleh Multipurpose Port designed by China and […]
China and Mali enter $1.5 bn railway rehabilitation agreement
A Chinese state-owned rail company has signed a $1.486 billion contract with Malian government to renovate the west-African nation’s railway network linking the Capital city […]
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Ethiopia to extend railway network under $3.2 billion deals
Ethiopia will extend its railway network by the construction of 5,000 km of railway lines by 2020. To this end, Ethiopia struck deals with a […]