EMC3 Chairman Baba Epega. (Image source: EpegaMedia)
West Africa’s first motorsports racetrack and leisure park is set to be open in a US$100mn project
EMC3 Chairman Baba Epega announces US$100mn project bringing motorsport to Nigeria
Logistics
Lagos slows as travel to Africa displays double-digit growth
(Image source: Tookapic/Pexels)
An analysis of seat capacity for travel to the top ten international airports in Africa, produced by ForwardKeys, reveals that Lagos is seeing substantial declines in both domestic and international capacity, mainly because Arik Air is cutting 53 per cent of its seats for the rest of 2017
Cometto deliver steelwork transporter with new logo to South African business
This steelwork transporter of the type ETL 3/2 was for Tronox Mineral Sands ltd in South Africa. (Image source: Cometto/Faymonville)
In the last few weeks, the first Cometto vehicles with the new logo have been delivered to the customers. The slogan "Propelled to the MAX" is now emblazoned on all vehicles
GE signs US$575mn agreement to help improve rail infrastructure in Egypt
According to Egypt’s minister of transport, the agreement will leverage the role of ENR in transporting goods using rail, which is aligned to the Ministry’s vision to improve rail infrastructure, decrease loads on the road, and help achieve our target to transport 25mn tonnes of goods annually using rail by 2022. (Image source: ENR)
GE has signed a letter of intent (LoI) worth US$575mn with the Egypt’s Ministry of Transportation (MoT) and Egyptian National Railways (ENR) to supply 100 GE ES30ACi Light Evolution Series Locomotives that can be used for both passengers or freight rail, as well as a 15-year agreement for parts and technical support for GE locomotives in ENR’s new and current fleet
NAVECO: New China Daily unveiled at plant inauguration ceremony in Nanjing
IVECO unveils its the New China Daily in Nanjing
NAVECO, the joint venture between IVECO and SAIC, has celebrated the first New China Daily light commercial vehicle coming off the assembly line at its new plant in Qiaolin, Nanjing
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