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Renovation and development of a multi-billion dollar locomotive assembly plant is part of the agreement between Nigeria and GE. (Image source: chatchavan/Flickr)

Nigeria has announced a partnership with General Electric (GE) under which GE will assemble 200 rail locomotives over a 10-year period

The transit system, when operational, will transport at least two million passengers daily. (Image source: CraigSunter/Flickr)

Nigerian financial agency Infrastructure Bank has plans to invest US$2bn in a Lagos Red Line mass transit system which will transport at least two million passengers daily from Alagbado to Marina

The Detailed Project Report for the 210km rail line project will be drawn up by Indian government-run RITES. (Image source: Wouter Kiel/Flickr)

India will lend US$300mn to fund a railway line connecting Ethiopia and Djibouti as part of its programme to invest in Africa

The value of rail contracts in the MENA region accounts for 17 per cent of the total transport sector contracts awarded in Q1 of 2013. (Image source: nachans/Flickr)

Rail contracts worth US$434mn have been awarded throughout the Middle East and North Africa (MENA) region in Q1 2013, a report from business intelligence agency MEED has revealed

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