Ukraine’s security service has blown up a rail connection deep inside Russia, a senior official has told the BBC. Successive explosions are said to have happened on trains running first through a tunnel and then on a bridge in Russia’s far east. Russia has reportedly begun an inquiry into a […]
Lagos State government has commenced talks with private investors for feasibility studies the construction of the Green and Purple rail lines systems to be completed in three and half years. The Green Line is a 68 kilometers rail designed to run through Marina, Victoria Island, Lekki Phase 1, Ajah, Lekki […]
By Leah Campbell At COP 28 continues in the UAE, railway sector faces debilitating effects of worsening climate change. Environmental experts have remedies for rail stakeholders. Much of the world still relies heavily on railroads to move people and products. But railway infrastructure—from overhead wires to tracks—is at high risk […]
The African Development Bank and Africa Finance Corporation (AFC) join the United States and the European Union in support of Angola, the Democratic Republic of Congo, and Zambia to develop the Lobito Corridor and the new Zambia-Lobito rail line by signing a seven-side Memorandum of Understanding (MoU), on the margins […]
ByLOUISE MOR & ALISON WEAL The Convention on International Interests in Mobile Equipment (the “Cape Town Convention” or “CTC”) operates within a fairly narrow area of transactional law and provides a legal framework for the secured financing and leasing of uniquely identifiable high value mobile equipment. It was adopted in […]
A whitepaper has made the case for significantly expanding rail in low- and lower-middle-income countries to reach climate goals and provide economic benefits. A whitepaper has made a compelling case for significantly expanding rail infrastructure in low- and lower-middle-income countries (LICs and LMICs), in order to reach climate goals and […]
AUDA-NEPAD’s 68th Steering Committee Meeting takes stock of progress made “As the seasons change, we are reminded that the ongoing work of transforming the continent requires innovation in how we conduct our work”, stated Ms. Nardos Bekele-Thomas, CEO of AUDA-NEPAD. The 68th Steering Committee Meeting of the African Union Development […]
The Nigerian Railway Corporation (NRC), said staff of the agency involved in ticket racketeering have been sacked, while others were demoted. The Managing Director of the NRC, Fidet Okhiria disclosed this on Wednesday before the House of Representatives Committee on Finance while appearing at the 2024–2026 Medium-Term Expenditure Framework and […]
The Managing Director of the Nigerian Railway Corporation (NRC), Mr. Fidet Okhiria, has stated that their revenue was reduced because of insecurity. He stated this while speaking before the House of Representatives Committee on Finance during an interactive session on the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper […]
The Minister of Transportation, Senator Saidu Alkali, has promised to ensure the completion and full operation of the Port Harcourt-Maiduguri rail network. The minister explained that upon completion of the rail line, Nigerians would enjoy good trade, access market, and business places easily, and also boost agricultural production and its […]