Uncategorized | Infrastructure news - Part 101

Uncategorized

Upgrading Mozambican rail network

US$840.3 million dollars is to be invested by 2016 in three new railways in southern Mozambique to accommodate the anticipated increased amount of ore exports through the Port of Maputo. Sancho Quipiço Júnior, chief executive of Mozambican port and...
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New payment system eases cross border trade

Following the launch of a new payment system, trade between Kenya, Uganda and Tanzania is expected to improve significantly. The East Africa Payment System (EAPS) will interconnect the three East African economies and enhance efficiency in trading....