Freight Trends Global - Page 47 of 100 -

Botswana Railways Partners with KORAIL to Revamp Railway Services

March 26, 2025March 26, 2025 Constance Makungu

Botswana Railways (BR) and the Korea Railroad Corporation (KORAIL) have formalized a strategic partnership aimed at enhancing railway services and infrastructure in Botswana. The two companies signed a Memorandum of Understanding (MOU) at the Botswana Railways Station in Gaborone, marking a significant step in fostering collaboration, technical exchange, and capacity building within Botswana’s railway sector. The signing ceremony was attended by senior officials from both Botswana Railways and KORAIL, along

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Southern Africa Sponsored Content

LAND-LINKED ZAMBIA CONFERENCE LINKING SECTORS THROUGH TRANSPORT AND LOGISTICS

March 26, 2025March 26, 2025 Constance Makungu

Land linkages play a critical role in Africa’s economic development by facilitating trade, investment, and regional integration. As a continent rich in resources but challenged by infrastructure deficits, Africa’s road networks are critical for connecting markets, reducing costs, and improving the movement of goods and people. Strengthening land linkages has become a key driver for road infrastructure growth, shaping the continent’s future development. Chimwemwe Nyirenda, the Co-Founder and CEO of

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Central Africa Ports & Terminals

AGL Secures $250 Million Financing for Expansion of Pointe Noire Port in Congo-Brazzaville

March 26, 2025March 26, 2025 Constance Makungu

Africa Global Logistics (AGL), through its subsidiary Congo Terminal, has secured approximately US$250 million in financing to develop the container terminal at the Autonomous Port of Pointe Noire (PAPN) in Congo-Brazzaville. The funds will be used to construct a 750-meter quay, covering 28 hectares with a depth of 17 meters. The overall project, estimated to cost US$393 million, is set to take three years to complete. The financing package follows

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Air Freight East Africa

Kenya Airways Achieves Remarkable Financial Turnaround with 124% Profit Surge

March 26, 2025March 26, 2025 Constance Makungu

Kenya Airways (KQ) PLC has reported a remarkable financial recovery, posting a 124% increase in profit after tax, reaching Ksh 5.4 billion for the year ending December 31, 2024. This marks a significant rebound from the Ksh 22.6 billion loss recorded in 2023, representing an impressive Ksh 28 billion improvement. This marks the first time in over a decade that Kenya Airways has posted a profit, highlighting the success of

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Air Freight Central Africa

Air Cargo Traffic Declines in Africa and DRC as Global Growth Continues IATA Report Shows

March 26, 2025March 26, 2025 Constance Makungu

African airlines experienced a 3.4% decline in air cargo traffic in January 2025 compared to the same period in 2024, according to the latest report from the International Air Transport Association (IATA). This decline occurred despite a 5.4% increase in capacity, revealing a significant underutilization of available infrastructure. Africa, along with the Middle East (-8.4%), is one of the few regions globally to report a decrease in air freight volumes.

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Railway News Southern Africa

Mozambique Railways and NRZ Strengthen Cooperation with Key Operational Agreements

March 26, 2025March 26, 2025 Constance Makungu

Mozambique Railways (CFM) has taken a significant step in regional rail transport by signing two Operational Understanding Agreements with the National Railways of Zimbabwe (NRZ). The agreements, signed on March 14, 2025, in Maputo, will allow CFM to operate on Zimbabwean railway lines, enhancing cooperation between the two countries and improving freight transport efficiency. Covering the 148 km Chicualacuala-Rutenga Southern Corridor and the 84 km Machipanda-Nyazura Central Corridor, the partnership

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Road Freight Southern Africa

Zambia Urges DRC to Address Harsh Treatment of Truck Drivers

March 26, 2025March 26, 2025 Constance Makungu

Zambia’s Transport and Logistics Minister, Frank Tayali, has raised serious concerns over the mistreatment of Zambian truck drivers entering the Democratic Republic of Congo (DRC), despite ongoing discussions with DRC authorities. Minister Tayali emphasized the urgent need to protect drivers operating in the region, stressing that their safety and well-being must be prioritized. Meanwhile, the Zambian government is making strides to enhance transport infrastructure, including upgrading key roads and modernizing

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Railway News Southern Africa

China to Invest $1.4 Billion in Upgrading Zambia-Tanzania Railway

March 24, 2025March 24, 2025 Constance Makungu

China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernize the Tanzania-Zambia Railway (TAZARA), a vital transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA plays a crucial role in exporting copper and cobalt from Central Africa while offering an alternative route to South Africa’s congested ports. However, years of neglect have left the railway in need of urgent repairs. Negotiations for a 30-year concession

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Central Africa Railway News

Canyon Resources Expands Stake in Camrail to Strengthen Bauxite Logistics

March 22, 2025March 22, 2025 Constance Makungu

ASX-listed Canyon Resources, through its wholly owned subsidiary Camalco Cameroon, has acquired a 5.3% equity stake in Cameroon’s rail network operator, Camrail, from TotalEnergies Marketing Cameroun (Total Cameroon). The transaction was finalized on March 14, following internal approval from Total Cameroon’s Apex Committee. With this latest acquisition, Camalco now holds a strategic 9.1% stake in Camrail, having previously secured a 3.8% interest from Société d’Exploitation des Bois du Cameroun (SEBC)

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Ports & Terminals West Africa

Dangote Resumes Plans for Nigeria’s Largest Seaport and Expands Cement Production

March 18, 2025March 18, 2025 Constance Makungu

Aliko Dangote, President of Dangote Group, has announced plans to build Nigeria’s largest seaport at the Olokola Free Trade Zone (OKFTZ) in Ogun State. He made the revelation on Monday during a courtesy visit to Governor Dapo Abiodun. “We initially abandoned our investment plans in the Olokola Free Trade Zone, but due to Governor Abiodun’s investor-friendly policies, we are back. We will collaborate with the government to develop the country’s

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