United States President JOE BIDEN’s Senior Advisor AMOS HOCHSTEIN has called for an accelerated path towards achieving a bankable concession agreement for the new Zambia-Lobito rail line. Mr. HOCHSTEIN says this must be aligned with host country laws, and coordinate additional investment projects that complement and benefit from the core transportation investment. He says the project will also come along with infrastructure investments in digital access, clean energy and energy
Category: Southern Africa
Angola’s ANTT and UIC Forge Partnership to Enhance Railway Sector
Enio Costa, President of the Board of Directors (PCA) of the National Land Transport Agency (ANTT), held discussions with Christian Chavanel, Director of Systems and Coordinator for Africa of the International Railway Union (UIC), in Luanda on Monday. The meeting aimed to discuss restructuring processes and enhancing technical capacity in response to investments aimed at boosting the national railway sector. Costa emphasized the need for technical training for staff, particularly
Angola’s SGA and Changi Airports International Forge Partnership to Enhance Regional Airports
Angola’s Airport Management Company (SGA Angola) and Singapore’s renowned airport consulting firm, Changi Airports International (CAI), have inked a pivotal two-year partnership aimed at optimizing the operational efficiency and profitability of 16 regional airports across southern Africa. The collaboration entails CAI leveraging its extensive experience to bolster air traffic development at Angola’s airports, with a strategic focus on enhancing domestic and regional connectivity. Additionally, the partnership will spearhead targeted marketing
TAAG Angola Airlines Renews Long-Term Boeing 747-400 Freighter Contract
TAAG Angola Airlines and Network Airline Management are pleased to announce the renewal of their long-term freighter aircraft contract, sealing their ongoing partnership for the foreseeable future. Resuming its regular weekly scheduled service from Liege, Belgium, to the capital of Angola, Luanda, NAM provides a Boeing 747-400F aircraft with nose door capability offering up to 120,000 kilos cargo capacity. The weekly freighter will operate every Friday directly to the newly
Italy and the EU Strengthen Commitment to Lobito Corridor at the 2024 Italy-Africa Summit
This week’s Italy-Africa Summit witnessed the European Commission and the African Development Bank Group formalizing a €50 billion Financial Framework Partnership Agreement (“FFPA”). This agreement, coupled with Italy’s €5.5 billion strategic partnership unveiled at the summit, signifies a significant commitment to bolstering infrastructure, energy security, and economic development across Africa. 20 African leaders attended the summit, and 45 African states were represented, in Rome, Italy on January 28, 2024. The FFPA marks a 33% increase in