East Africa

Rwanda states AIIB grants $200 mln loan for airport task

The Chinaheadquartered Asian Infrastructure Financial Investment Bank (AIIB) will approve a concessional loan of around $200 million for an international airport Rwanda has been developing because 2017, Rwandan financing officials stated on Tuesday. Finance Minister Yusuf Murangwa stated the loan would assist make sure that a first stage of the Bugesera International Airport, which is anticipated to supply centers for 7 million travelers a year, might be finished by the end of 2027. Rwanda ended up being a member of the AIIB in 2020. A 2nd stage of the Bugesera airport being constructed about 25 km from the capital Kigali
Transport Infrastructure

Fifteen dead, more than 100 missing out on in east Uganda landslide
Financial Times - Nov 28

The following are the leading stories in the Financial Times. Reuters has actually not confirmed these stories and does not attest their precision. Headlines - UK car insurance company Direct Line rejects ₤ 3.3 bn takeover offer by Aviva - Mauritius raises issues about UK strategy to cede sovereignty over Chagos Islands - UK watchdog fines former Wizz Air executive for trick share trading - Michael Ellam tapped up to be UK's next 'EU sherpa' Summary - UK vehicle insurance company Direct Line has actually turned down a takeover technique from Aviva, saying the cash and shares offer was highly
Freight Logistics

Tanzania to keep contract with Adani for container terminal, official says
Peru's little miners obstruct highways, camp outside Congress requiring computer registry extension

Thousands of smallscale miners in Peru obstructed roadways and camped outside Congress on Monday to need extension of a program that allows them to run temporarily, however which authorities state has broadened unlawful mining. A government expense sent out to Congress last week provided small-scale miners a six-month duration to formalize their activities after the current program expires on Dec. 31, however miners state that is inadequate time. We are requesting for at least a two-year extension and for a. brand-new law that will permit us to finish our formalization, said. the president of the National Confederation of Small and.
Transportation

Zambian miners rescued following nationwide power outage

The energy ministry announced on Monday that two Zambian copper miners were rescued from underground after a power failure across the country trapped them. The state-owned utility Zesco in Zambia reported a nationwide power outage on Sunday due to a disturbance of the nation's electrical system. Zimbabwe was also affected. Zambia and Zimbabwe have been experiencing extended hours of electricity rationing following the worst drought for decades in the area that has affected hydropower production. Peter Mumba, Zambia's permanent secretary for energy, said that miners trapped in Mopani Copper Mines - which is owned in majority by United Arab Emirates
At least 22 Somalis dead after boats capsize off Madagascar, authorities says

Transport Infrastructure

Singapore top marine fuel supplier Equatorial expands fleet

A company executive said this week that Singapore's largest bunker-fuel supplier Equatorial Marine Fuel will expand its tanker fleet. The company expects to receive its first IMO Type 2 chemical bunker tanks before the end 2024, and three others in 2025. Choong Sheen Mao is the chief operating officer of Equatorial Marine Fuel. Choong stated that half of Equatorial’s fleet currently delivers marine fuel oil, while the other halves deliver marine gasoil. The company is expanding its fleet as it looks to potential business opportunities with the supply of lower-carbon fuels. Choong said late Tuesday on the sidelines the Argus...

Transport Infrastructure

Strike at Kenya's primary airport causing flight delays, cancellations, Kenya Airways says

A strike by employees at Kenya's main international airport in Nairobi has triggered flight delays and cancellations for both departing and showing up passengers, Kenya Airways said on Wednesday. The biggest union of Kenya's aviation employees said they would take industrial action on Wednesday over a proposed deal for India's Adani Group to rent Jomo Kenyatta International Airport (JKIA) for thirty years in exchange. The Kenya Aviation Workers Union, which represents airport employees, said the proposed agreement announced in July would lead to task losses and bring in non-Kenyan employees. Kenya's government has stated the airport is running above capability...

Transport Infrastructure

Kenya airports union employees state they will strike over planned airport leasing

The biggest union of Kenya's aviation employees plans to go on strike on Wednesday to demonstration versus a proposed deal for India's Adani Group to lease the country's primary airport for 30 years in exchange for broadening it, a union authorities said on Tuesday. WHY IT is necessary Kenya's government has said the airport is running above capability and needs modernising however that it is not for sale and that no decision has been made on whether to continue with what it calls a proposed public-private collaboration to update the site. It said in July that Adani's offer was being...

Transport Infrastructure

Kenyan court halts proposed Adani lease of country's primary airport

Kenya's high court has briefly blocked a proposed deal for India's Adani Group to rent the nation's primary airport for thirty years in exchange for expanding it, court documents revealed. In a joint application, the Law Society of Kenya (LSK), the country's primary bar association, and the Kenya Person Rights Commission (KHRC) informed the court on Monday that the nation might separately raise the $1.85 billion required to update the airport in the capital Nairobi. LSK and KHRC stated the supposed 30-year lease of Jomo Kenyatta International Airport (JKIA), East Africa's largest aviation center, was unaffordable, threatened job losses, was...

Transport Infrastructure

Kenya aviation union states to strike from Aug 19 over Adani offer

The Kenya Air Travel Workers Union said on Monday that employees of Kenya Airways and Kenya Airports Authority would go on strike from August 19 over an investment proposition from an Indian company, Adani Airport Holdings, at the country's main airport. The strike would likely trigger substantial interruption to Kenya's national provider Kenya Airways and to operations of the Jomo Kenyatta International Airport in Nairobi, a key African travel hub. We shall reconsider our intention to engage in industrial action ... just if the Adani Airport Holdings Limited's offer is deserted in its totality, said Moss Ndiema, head of the...

Transport Infrastructure

Ethiopian Airline companies indications deal for design of 'biggest airport in Africa'

Ethiopia has actually signed an agreement for the style of a new fourrunway airport that will be Africa's biggest when building and construction is finished in 2029, the head of stateowned Ethiopian Airlines stated on Friday. Found near the town of Bishoftu, around 45 km (28 miles). from the capital Addis Ababa, the airport will have capacity to. deal with 100 million travelers a year and provide parking for 270. airplane, Ethiopian Airlines' CEO Mesfin Tasew told a news. conference. Dubai-based engineering and consulting company Sidara will. style the airport, the business's director of operations Tariq. Al Qanni said. Strategies...

Transport Infrastructure

Very first vessel struck by Yemen's Houthis in 2 weeks arrives in Djibouti, manager states

A container vessel that was hit by Houthi militants off Yemen on Saturday in the first such attack in two weeks, has arrived securely in Djibouti and the strike caused no injuries or water ingress, its Greek supervisor stated on Monday. Yemen's Iran-aligned Houthis said on Sunday that they targeted the Liberia-flagged MV Groton in the Gulf of Aden with ballistic missiles, claiming their first attack on shipping lanes given that Israel performed a retaliatory airstrike in Hodeidah port on July 20. The MV Groton was struck by a missile 60 nautical miles off the coast of Yemen, while en...

Transport Infrastructure

Very first vessel struck by Yemen's Houthis in 2 weeks arrives in Djibouti, manager states

Tanzania releases $3.1 billion railway in drive to increase facilities

Tanzania on Thursday launched a 541km contemporary standard gauge train running between its administrative and industrial capitals, built by a Turkish company as part of a federal government drive to enhance transportation facilities African federal governments have actually been racing to build infrastructure. like roadways, trains and bridges, though critics have actually questioned some of the loans drawn from nations like China to fund the drive stating they are saddling future generations with financial obligation. Tanzanian President Samia Suluhu Hassan flagged off the electric train services at a ceremony in the business capital Dar es Salaam, before boarding a train...

Death toll from Ethiopia landslides could leap to 500, UN states

The death toll from landslides in Ethiopia earlier this week has increased to 257 and is expected to practically double, the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) said on Thursday. Heavy rains activated a landslide burying people in the Gofa Zone of southern Ethiopia on Sunday night and a second one on Monday engulfed those engaged in rescue efforts. The death toll is expected to rise to up to 500 people as per information received from local authorities, UNOCHA said in a report. On Tuesday, Ethiopia's National Disaster Threat Management Commission had put the death toll...

Uganda signs deal with UAE to build 3rd worldwide airport

Uganda has signed a pact with an organization association from the United Arab Emirates to construct a new international airport, President Yoweri Museveni's. workplace stated on Friday. The offer for the East African country's third such airport. expands the UAE's financial footprint beyond its interests in the. renewable energy and oil and gas markets. The UAE's Sharjah Chamber of Commerce and Industry will. build the airport just outside the Kidepo National Park in the. northeast near Uganda's border with Kenya, Museveni's office. stated in a statement, without providing the expense. Building will begin in August, said Abdallah Sultan Al ....

Passenger Transportation Services

United States judge to hold hearing on family objections to Boeing plea deal

U.S. District Judge Reed O'Connor stated Friday he will hold a hearing on Oct. 11 to think about objections from family members of those eliminated in 2 Boeing 737 MAX crashes to the planemaker's arrangement to plead guilty to criminal fraud conspiracy. On July 24, the planemaker completed an arrangement to plead guilty to conspiring to defraud the Federal Aviation Administration and pay up to $487 million after breaching a 2021 delayed prosecution arrangement. Member of the family of a few of the 346 individuals eliminated in 2 Boeing 737 MAX crashes in 2018 and 2019 argue the fine is...