Category: Middle East & Africa Finance

Government of Tanzania to invest in TAZARA railway 

The Government of Tanzania has announced plans to invest USD5.1 million (TZS12 billion) to improve the performance of the Tanzania-Zambia Railway Authority (TAZARA) railway.  The funds will increase ... This content is available...

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Swvl to acquire Urbvan Mobility

Swvl Holdings Corporation (Swvl) has announced a definitive agreement to acquire Mexico-based Urbvan Mobility Limited. Urbvan Mobility is a shared mobility platform that provides tech-enabled transpo... This content is available...

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Egypt and Kuwait sign agreement to develop rail line

Egypt and Kuwait have signed a KWD750,000 agreement to prepare technical, economic, and environmental feasibility studies for a rail connection between Egypt and Sudan. The line will be developed in ... This content is available...

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MOIC and EBRD sign EUR250 million agreement, Egypt

The Ministry of International Cooperation (MOIC) and the European Bank for Reconstruction and Development (EBRD) have signed a financing agreement worth EUR250 million for the implementation of the Al... This content is...

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Etihad Rail signs financial agreement with FAB, UAE

Etihad Rail has signed an agreement worth AED1.990 billion with First Abu Dhabi Bank (FAB) for financing railway passenger transport services. As part of the agreement, First Abu Dhabi Bank will be th... This content is...

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