Rail

GE-led consortium signs Interim Phase Agreement for railway project with Nigerian government

GE ledThe International Consortium led by GE has signed an agreement in Washington D.C. to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession, following its award of preferred bidder status by the Federal Government of Nigeria in May 2017

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Thales set to help Egypt’s railway modernisation plan

rail thaAs part of the railway modernisation contract for the Cairo-Alexandria line, Egypt National Railways (ENR) has selected Thales to modernise the 48km Cairo-Benha section

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AfDB grants US$153mn loan for railway project in Namibia

AfDB NAMThe AfDB has approved US$153mn loan to the government of Namibia to upgrade a 210km stretch of railway in the west of the country, with an aim to speed up travel and transportation in Namibia

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The AfDB signs US$300mm loan agreement for Nacala Corridor project

NacalaThe AfDB has signed an agreement worth US$300mn for the Nacala Corridor project, which consists of a 912km railway and a port to unlock the western region of Mozambique and landlocked Malawi

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GE signs US$575mn agreement to help improve rail infrastructure in Egypt

ENRGE 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

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