French company Bollore Africa Logistics will invest US$677mn in the Somaliland port of Berbera, a lifeline for the landlocked Ethiopia
Logistics
Alstom joint venture company to supply 600 trains to South Africa
Alstom has announced that its joint venture company Gibela has signed a US$5.14bn deal with the Passenger Rail Authority of South Africa (PRASA) to supply the country with 600 passenger trains between 2015 and 2025
Egypt Air to add more than 60 planes to fleet by 2022
Egypt Air has announced that it will add more than 60 aircraft to its existing fleet by 2022 in an effort to revamp its operations and enhance tourist inflows
CAE wins contracts to sell four aircraft simulators to Africa and China
Canadian Aviation Electronics (CAE) has received contracts from African and Chinese custromers for four full-flight simulators and flight training devices worth US$50mn
Kenya port to upgrade power supply system
Kenya’s Mombasa port will construct a new power back-up facility after suffering frequent blackouts at a time when the port has been under pressure to clear cargo faster under a regional trade plan