Posted On March 22, 2018By In None
Benin's President Patrice Talon has asked local firm Petrolin and French giant Bollore to "withdraw" from a major rail infrastructure project to make way for China, in the latest development of the controversial scheme.
Read More Cotonou (AFP) Benin’s President Patrice Talon has asked local firm Petrolin and French giant Bollore to “withdraw” from a major rail infrastructure project to make way for China, in the latest development of the controversial scheme. In an interview published on Thursday in the French magazine Challenges, Talon asked the two companies to “withdraw amicably from the project”, which links Benin to Niger to the north, promising they will be “compensated fairly”. “A private investor cannot finance the railway we want alone,” the head of state was quoted as saying,
Read More Posted On March 6, 2018By In None
Rail traffic between the Democratic Republic of Congo and its neighbour Angola has resumed after a 34-year break, providing a vital boost for DRC's mining exports, officials said.
Read More Posted On December 4, 2017By AdminIn None
Ivory Coast and Burkina Faso on Monday began work to overhaul and expand a single-track rail line connecting Abidjan to the Burkinabe capital that is a vital link between the Sahel and Atlantic coast.
Read More Abidjan (AFP) Ivory Coast and Burkina Faso on Monday began work to overhaul and expand a single-track rail line connecting Abidjan to the Burkinabe capital that is a vital link between the Sahel and Atlantic coast. Renovating the 1,260-kilometre (782-mile) track — which had first been announced in 2015 with no work being started — is expected to take eight years. All parties involved hope the project will improve traffic and trade between the two West African neighbours. “Investment for the work, totalling 396 million euros ($470 million)… is the
Read More Posted On October 3, 2017By In None
Benin's top court has rejected a bid by French group Bollore to recover control of a rail project to link Cotonou with Abidjan, a lawyer for a local firm told AFP.
Read More Posted On July 18, 2017By In None
Work to rehabilitate a 1,260-kilometre (782-mile) railway that is a vital link between the Sahel and Atlantic coast will begin on September 15, the governments of Burkina Faso and Ivory Coast said Tuesday.
Read More Ouagadougou (AFP) Work to rehabilitate a 1,260-kilometre (782-mile) railway that is a vital link between the Sahel and Atlantic coast will begin on September 15, the governments of Burkina Faso and Ivory Coast said Tuesday. The two governments, along with the track’s operating company Sitarail, signed an agreement setting the date at a meeting in the Burkinabe capital. Under a deal reached with Sitarail’s parent company, the French group Bollore, 400 million euros ($462 million) will be committed to modernising the route, Burkina Faso’s Foreign Minister Alpha Barry said. The
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