DP World and NSW Ports have announced a joint A$400 million investment to expand the rail terminal at Port Botany in Sydney, significantly increasing its annual rail capacity from 400,000 TEUs to 1 million TEUs. The expansion will include five new rail sidings designed to accommodate 600-meter-long regional trains. Construction is set to begin in June and will take two years to complete. Nicolaj Noes, Executive Vice President of DP
Author: Constance Makungu
Maureva and AFRAA Partner to Advance Africa’s Aviation Industry
Maureva, a leading provider of airline software and service solutions, has announced a strategic partnership with the African Airlines Association (AFRAA), the continent’s leading trade association for airlines. This collaboration aims to drive innovation, enhance efficiency, and support the growth of Africa’s aviation sector. Under the agreement, Maureva will bring its expertise in airline financial, commercial, operational, passenger processing, and business intelligence solutions closer to African airlines. According to an
ANC Pushes for Debt-Relief Package to Revive Transnet
South Africa’s ruling party, the African National Congress (ANC), plans to request the National Treasury to implement a one-off debt-relief package for state-owned rail and ports operator Transnet ahead of the February budget announcement. According to Zuko Godlimpi, Deputy Head of the ANC’s Economic Transformation Committee, Transnet requires support akin to the R254-billion debt-relief package granted to Eskom Holdings in 2023. Godlimpi emphasized that Transnet’s efficient operation is critical to
Zambia Pushes for Private Sector Role in Transforming the Lobito Corridor
The Zambian government has called for greater private sector participation in the Lobito Corridor to drive sustainable economic growth across the region. At the official opening of the Lobito Corridor Secretariat on Wednesday, Zambia’s Minister of Transport and Logistics, Frank Tayali, underscored the transformative potential of the corridor, which connects Zambia, Angola, and the Democratic Republic of Congo (DRC). The Secretariat, based on Lobito Island in Angola, will oversee the
Eiffage Wins €100 Million Contract for Matadi Port Container Terminal Expansion
The French construction company Eiffage has secured a €100 million contract for the renovation and expansion of the Container Terminal at the Port of Matadi in Kongo Central, located in the southwestern region of the Democratic Republic of Congo (DRC). The announcement was made through a press release from the company on Monday, January 20, 2025. “Eiffage, through its marine civil engineering subsidiary, has been awarded the contract for the
Port of Maputo Embarks on Expansion to Boost Capacity and Sustainability
The Port of Maputo is set to begin its ambitious container and coal terminal expansion projects in the first half of this year. These initiatives are central to the operational upgrades envisioned under the extended concession agreement granted to Sociedade de Desenvolvimento do Porto de Maputo (MPDC), the port’s managing entity. According to MPDC, the expansion aims to solidify the Port of Maputo’s role as a critical hub for trade
SADC Ministers Convene in Lobito to Discuss Agency’s Organizational Framework
Members of the Committee of Ministers from the Southern African Development Community (SADC) are meeting today in Benguela to deliberate on the organizational structure of the Agency. This marks the second meeting of the group, held in the rail-port city of Lobito. The discussions aim to refine the framework and operations of the Agency, aligning it with SADC’s goals of regional cooperation and sustainable development. Lobito, renowned for its strategic
EU Commits to Supporting Sustainable Development of Lobito Corridor
The European Union (EU) has expressed its interest in participating in the development of the Lobito Corridor, recognizing its potential for sustainable and inclusive economic diversification, including increased household income in the region. Sylvie Millot, Head of the EU’s Southern Africa and Indian Ocean Unit, confirmed this on Friday in Benguela, following a courtesy meeting with the provincial governor of Benguela. She emphasized that the Lobito Corridor is a key
AIA Calls for Feasibility Study to Enhance Lobito Corridor’s Economic Impact
Members of the Angolan Industrial Association (AIA) have emphasized the importance of conducting a feasibility study for the construction of connection branches between key large-scale production centers and the Lobito Corridor. This initiative is seen as a priority to maximize the economic benefits of this significant infrastructure, which serves both the Angolan economy and the southern region of Africa. The message was conveyed by the president of the association, José
South African Ports Begin 2025 with Improved Efficiency Amid Regional Challenges
Port operations in South Africa have started the year on a positive note, marked by significant improvements in efficiency and infrastructure. Maersk Line has reported an enhanced operational environment, with no waiting times, low terminal and yard density, ample depot capacity, and better equipment availability. Cape Town, a critical hub for exporters, has benefited from minimal wind stoppages during what has so far been a mild southeasterly windy season. These