Transnet met with World Bank representatives to discuss the 2023 Container Port Performance Index, which highlighted the poor rankings for South African ports.

France-based Peschaud has signed a deal to provide coastal cargo services between Mozambican ports.

The World Bank is to draw up plans for a US$77B makeover for the Indian Rail Network to transform it from a colonial era means of mass transport to a more modern system.

After years of criticism of its operations, Tanzania International Container Terminal Services’ (TICTS) concession to operate Dar es Salaam container terminal has been extended by five years, pending a performance review. Meanwhile, the government of Kenya is to launch a new tender for the contract to operate the new container terminal at Mombasa

Tanzania’s finance and planning minister, Philip Mpango, has announced that the World Bank has agreed to lend US$305M to the Port of Dar es Salaam to finance expansion and improvements. The package was announced following talks between the World Bank’s vice president for Africa, Makhtar Diop, and Tanzania’s president, John Magufuli, about wider financing for infrastructure projects.

The World Bank has announced it will provide US$1.2B to support infrastructure development and improve the competitiveness of the East Africa Community (EAC) states. These are Burundi, Kenya, Rwanda, Tanzania, and Uganda.

Transnet met with World Bank representatives to discuss the 2023 Container Port Performance Index, which highlighted the poor rankings for South African ports.

France-based Peschaud has signed a deal to provide coastal cargo services between Mozambican ports.

The World Bank is to draw up plans for a US$77B makeover for the Indian Rail Network to transform it from a colonial era means of mass transport to a more modern system.

After years of criticism of its operations, Tanzania International Container Terminal Services’ (TICTS) concession to operate Dar es Salaam container terminal has been extended by five years, pending a performance review. Meanwhile, the government of Kenya is to launch a new tender for the contract to operate the new container terminal at Mombasa

Tanzania’s finance and planning minister, Philip Mpango, has announced that the World Bank has agreed to lend US$305M to the Port of Dar es Salaam to finance expansion and improvements. The package was announced following talks between the World Bank’s vice president for Africa, Makhtar Diop, and Tanzania’s president, John Magufuli, about wider financing for infrastructure projects.

The World Bank has announced it will provide US$1.2B to support infrastructure development and improve the competitiveness of the East Africa Community (EAC) states. These are Burundi, Kenya, Rwanda, Tanzania, and Uganda.