See also:
» 08.02.2011 - Doing business in Africa "becoming easier"
» 06.04.2010 - Is computer learning becoming redundant in Africa?
» 17.03.2010 - Trade experts discuss ways to help poor countries
» 03.03.2010 - UNAIDS partner with rock icon to fight AIDS
» 25.02.2010 - Fight organised crime like a pandemic – Ban
» 23.02.2010 - UN ropes in private sector for gender equality
» 08.02.2010 - Study reveals sub-standard malaria medicines in Africa
» 08.02.2010 - Funding to help countries improve land tenure

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

Africa | Rwanda
Economy - Development | Technology

"New roadmap for African rails"

afrol News, 22 March - An "ambitious initiative and sustainable plan to boost and lay out a 21st century road and rail transport infrastructure in Africa" is to be unveiled at the inaugural Africa Roads & Rail Infrastructure Summit 2010 in Kigali, organisers promise.

The summit is to be hold in the Rwandan capital from 21-23 April and is to gather global transport specialists, together with decision-makers from African governments, the World Bank and regional economic communities. Also expected are senior executives from major road and rail transport companies, engineering and construction groups, project financiers, investors, development banks and funding agencies.

The attention will be focused on the African region "to strategise, fast-track and integrate national action plans of African countries involving road and rail," according to the organisers.

"Opportunities for business, trade, investment, finance, project facilitation and deal structuring will feature when the vital elements of Africa's transport infrastructure come under the spotlight at the summit," they promise.

The summit host, the Rwandan Ministry of Infrastructure, hopes to attract infrastructure investments to the landlocked East African country.

"Rwanda is in much need of infrastructure including roads, railways and others," says Rwandan Minister of Infrastructure Vincent Karega. "Infrastructure development is one of the major areas I will focus on as well as appropriate maintenance strategies that are sustainable to our economic development. This Summit is an important platform to strengthen economic cooperation and harness the potential of investments," added Minister Karega.

Road and rail authorities and ministries from Ethiopia, Botswana, Kenya, Uganda, Zambia, Malawi and Tanzania have already announced they will showcase upcoming projects and investment opportunities at the Kigali summit.

Citadel Capital, the largest private equity firm in Africa with investments of more than US$ 8.3 billion, is the lead sponsor of the event. The firm recently acquired a stake in the largest shareholder in Rift Valley Railways, which has a concession to run the Kenya-Uganda railway network, as part of its plan to deploy US$ 200-400 million in new equity across East Africa in 2010-12.

"Citadel Capital will look to inject more than US$ 150 million in Rift Valley Railway over the coming five years," noted company Director Karim Sadek. "This summit will provide the perfect opportunity to showcase our proven interest in the region's transportation and logistics sector while identifying new markets for further investment," Mr Sadek added.

"An efficient rail network could, in time, bring East African transport costs down by as much as 50 percent due to the operational and fuel efficiency of shipping by rail," Mr Sadek continued. "Kenya-Uganda Railways hauls just over 1 million tonnes per annum today out of an existing market of 16 million tonnes being handled in Mombasa Port today. New investment and a fresh approach to management could see that figure grow to 5 million tonnes per annum within five years."

State of the art technologies in efficient road tolling systems for road infrastructure financing will be discussed by Session Sponsor "Q Free" from Norway. Construction engineering and project management best practices to enhance and optimise capacity will also be deliberated upon.

The CEO of the conference organising company, Magenta Global, Maggie Tan has dubbed the event "a congregation of who's who in the transport sector in Africa" and encouraged relevant stakeholders in the region and beyond "to be part of this epoch making event where relationships are formed, projects discussed and deals initiated."

- Create an e-mail alert for Africa news
- Create an e-mail alert for Rwanda news
- Create an e-mail alert for Economy - Development news
- Create an e-mail alert for Technology news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at