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China-Africa Trade Information Service
The train travels at a stately speed, taking more than two and a half hours to traverse little more than 150 kilometres (90 miles) of countryside in southern Nigeria.
Though it may be dominating headlines, so-called Chinese “vaccine diplomacy” is only one facet of Beijing’s outreach program and foreign policy, especially amidst reinvigorated efforts to get its Belt and Road Initiative (BRI) to take-off in a post-pandemic economy.
The IMF wants Zambia to come clear on its debt and implement austerity measures. The southern African copper producer became the continent’s first pandemic-era sovereign default after missing a coupon payment on a dollar bond in November.
Kenya Railways Corporation (KRC) expects the additional commuter trains – referred to as diesel multiple units (DMUs) – to enable it to increase the frequency of trains plying the different routes across the city.
The corporation has already assumed ticketing, security and fuelling functions of the Standard Gauge Railways (SGR) and expects to complete the takeover by May next year, Kenya Railways Chairman Omudho Awitta said on Thursday
Egypt’s Ministry of Petroleum and Mineral Resources launched the first electronic application on a mobile phone, to define the locations of natural gas car supply stations and conversion centers.
Kenya Railways Corporation has slashed the cost of moving goods from Mombasa to the Naivasha Inland Container Depot (ICD) using the Standard Gauge Railway (SGR).
The continent has an estimated annual infrastructure financing deficit of between $60 billion (Sh6.6 trillion) to $90 billion (Sh9.87 trillion), the AU says, making it hard for the body to advance its goal of integrating the disparate individual markets into a single, free trade ...
Analysis of the report showed that on a quarter on quarter basis, real GDP growth was 9.68 per cent, indicating a second positive consecutive quarter on quarter real growth rate in 2020 after two negative quarters.