The North West Rail Limited will connect major copper mines in Zambia and facilitate easy transport of minerals. (Image source: Jbdodane/Flickr)
South Africa’s Grindrod Limited Group has provided US$500mn for the first phase of Zambia’s North West Rail
The railway sector would be privatised, stated Benjamin Dikki of the Bureau of Public Enterprises. (Image source: Stephen Dance/Flickr)
The Nigerian government has announced its plans to privatise eight of the country’s industries, including railways, inland waterways, roads and ports, by 2015
Officials from the government revealed that eight sectors had been shortlisted for privatisation such as railways, inland waterways, road authority, roads funds, National Transport Commission, ports and harbours, federal competition and consumer protection and postal services.
Benjamin Dikki, director general of the Nigerian Bureau of Public Enterprises (BPE), said, “The government is riding on the success story of the previously privatised public enterprises such as banking, power, telecom, marine and steel sectors.”
Dikki said while the banking sector is the most developed in Nigeria, the telecom sector’s reform has been the most successful thus far. Nigeria’s tele density has increased from 450,000 telephone lines in 2001 to 135.5mn in 2014, he added.
To sustain growth and development, Dikki added that privatisation is essential. In addition to the eight sectors that have been chosen for privatisation, the BPE is working with sectors such as sports, tourism, health and housing to review legal and regulatory policies.
CRCC is the second largest state-owned construction enterprise in China. (Image source: CRCC)
China Railway Construction Corporation (CRCC) has signed a deal worth US$12bn with Nigeria to construct a West African coastal railway
ABB is a supplier of turnkey air-insulated, gas-insulated and hybrid substations. (Image source: ABB)
ABB has been awarded a bid to supply traction sub-stations and auxiliary power supply for a newly developed railway line in Ethiopia for US$16mn
When complete, the train service can transport 1,000 passengers daily from Dar es Salaam to the Julius Nyerere International Airport. (Image source: David/Flickr)
Tanzania’s Ministry of Transport and US-based Shumake Railway have signed an MoU to establish a railway service from Dar es Salaam’s central business district to the city’s Julius Nyerere International Airport (JNIA)
The Carmix 3.5TT is renowned for its robust performance in concrete mixing. (Image source: Carmix)
Genuine Volvo Parts are specifically developed, tested and approved to get the very best results from your Volvo machine. (Image source: Volvo CE)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi. (Image source: Adobe Stock)
The Cat G3520 Fast Response natural-gas generator set is available for dealers around the world. (Image source: Cat)
Hyde Johannesburg marks a major milestone for Ennismore as the brand’s first hotel in Africa. (Image source: Ennismore)
The project is expected to expand electricity access to the nearby community. (Image source: Adobe Stock)
Bboxx Protect offers exclusive coverage for Bboxx Ride customers, including protection against material damage, fire, third-party liabilities, life insurance, and total permanent disability. (Image source: Bboxx)
The load arrived at the copper mine site on 25 November and was successfully offloaded. (Image source: Vanguard)
Volvo’s On-Board Weighing systems are designed for wheel loaders, excavators and articulated haulers. (Image source: Volvo CE)
Raxio Mozambique and Raxio Ethiopia join a growing portfolio of Tier III-certified data centres. (Image source: Raxio)
