Morocco has launched major rail projects, including a $2.2 billion urban mobility program in Casablanca as part of a wider national goal to develop its rail network by 2040. These initiatives aim to boost the economy by improving connections between business centers and supporting the tourism industry, with the overall national plan costing around $9.5 billion to $10.4 billion. The.. Read more
Pension funds are increasingly being seen as an opportune source of funding for the African continent’s development needs, which the African Development Bank (AfDB) has estimated will require more than US$1.3 trillion a year to meet. African pension funds are estimated to hold US$700 billion in assets under management, which could be channelled into projects on the continent as traditional.. Read more
South Africa’s Department of Transport (DoT) has invited responses by 15 December to a series of requests for information (RfI) that will be used to guide the state-owned Passenger Rail Agency of South Africa (PRASA) in developing private sector participation (PSP) projects for passenger rail infrastructure and operations. According to the RfI, persistent challenges have undermined PRASA’s ability to consistently.. Read more
