A railway policy professional, Mr Olawale Rasheed has made a passionate appeal to President Bola Tinubu and the Federal Executive Council to implement urgent reform of the Nigerian Railway Corporation to solve national transport challenges and jumpstart the nation’s economy. In series of tweets on Friday evening, Mr Rasheed who […]
Day: January 5, 2024
The African Development Bank Group has granted approval for financing structures worth $696.41 million for Burundi and Tanzania, marking the commencement of Phase II of the Joint Tanzania-Burundi-DR Congo Standard Gauge Railway (SGR) Project. The funding provided by the Bank Group will support the construction of 651 kilometers of the […]
Export credit agencies from the UK, Italy, Poland, and Austria have joined Mitsubishi UFJ Financial Group (MUFG) to secure €1.247bn to build a high-speed railway in Turkey. Turkey’s Ministry of Transport and Infrastructure wants to build a fast, 140km electrified line between Yerköy and Kayseri. It’s expected to support economic […]
Four people have been reportedly killed and many others injured after two trains carrying hundreds of passengers collided in Indonesia on Friday. The crash between an intra-city train carrying 287 passengers and a local line with 191 onboard took place at 6:03 am local time, 1103 GMT, near Cicalengka. An […]