East Africa

Shipping company MSC announced on Saturday that it would implement a fuel surcharge for all cargo from the Mediterranean (including West Mediterranean and Adriatic Sea, East Mediterranean and Greece) and Black Sea, to the Indian Subcontinent, the Red Sea and East Africa. This will be effective March 16, 2019. The surcharge was set at $30 per twenty-foot equivalent unit for dry containers and $50 per TEU refrigerated containers from the Mediterranean, Black Sea and Red Sea. The world's largest ocean container carrier said that dry containers traveling from the Mediterranean, Black Sea, and East Africa would be charged at $60...

The shipping company MSC announced on Thursday that it would implement a fuel surcharge for 'all cargo' from Northern Europe (including UK, Scandinavian and Baltic) to the Red Sea and East Africa. This will be effective March 16, 2019. MSC will charge $40 per twenty-foot equivalent (TEU), from Northern Europe, including the UK to the Red Sea for dry containers and $60 for refrigerated ones. The world's largest ocean container carrier said that dry containers from Northern Europe (including the UK) to East Africa would be charged at $65 per TEU while refrigerated ones would be charged at $100 per...

The port operator reported that Maputo's biggest port saw a 1% drop in volume in 2024, mainly because of post-election protests which forced the closure of borders and roadblockages. After a disputed vote on Oct. 9, Daniel Chapo's Frelimo Party, which has been ruling Mozambique in its current form since 1975, won the election by a narrow margin, protests by the opposition erupted across this southeast African nation. More than 300 people have died in the unrest after a crackdown carried out by security forces. Maputo Port Development Company's (MPDC) statement said that the port volume for 2024 fell to...

Tanzania prepares to honour its contracts with an Adani Group unit in spite of a U.S. indictment of its billionaire chairman Gautam Adani on accusations of bribery and fraud, a senior authorities at the ports authority stated. Adani was prosecuted for scams last week and arrest warrants were provided for him and his nephew for their declared roles in a. $ 265 million plan to pay off Indian officials to protect. power-supply offers. Adani Group has rejected the accusations. In May, Tanzania participated in a 30-year concession agreement. with Adani Ports, an unit of Adani Group, to operate a container....

The operator of the Maputo harbour said that the port will handle a record 32 metric tons of cargo by 2025. This is due to the increased freight rail volumes and the expanded capacity. In a press release, the Maputo Port Development Company (MPDC), which manages bulk shipments such as coal, chrome ore, and iron ore, as well as agricultural products, said that volumes increased?from 30.9 millions metric tons in 2020. This figure was the previous record. Official data shows that cargo through Maputo grew by 52% in 2019 from 21 million tons, underscoring its growing role as a regional...

A senior official revealed on Wednesday that Uganda was in discussions with credit export agencies and development finance institutions to have 85% a planned rail project funded with debt. This is due to concerns about the already high public debt. In October of last year, Turkey's Yapi Merkezi was awarded the contract for the construction of the 2.7 billion euro ($3.15 billion) rail. Preliminary works have already begun. Perez Wamburu said that some of the potential financiers are the OPEC Fund for International Development (FIDA), the Africa Development Bank, the Islamic Development Bank, and some European export credit companies. Wamburu...

A U.S. Diplomat said that despite the aggressive spending cuts of President Donald Trump, the United States is committed to funding the Lobito Rail Corridor, which will help transport vital minerals from central Africa's copperbelt into the West. The U.S., through the International Development Finance Corporation (IDFC), set up in Trump's first year in office, has pledged $550 million in loan support for Lobito. Lobito is seen as a key component in countering Chinese control of copper and cobalt in the region. Trump's cuts in spending had caused concern for projects like Lobito, which plans to go to Angola and...

South32 has withdrawn its output forecast for its Mozal Aluminium smelter in Mozambique amid postelection civil unrest, the Australian company said on Tuesday. October's challenged election outcomes triggered protests from opposition supporters and there has been intensifying violence considering that. South32, which has a 63.7% stake in the Mozal Aluminium smelter, stated the discontent had actually caused road clogs that have hampered the delivery of raw materials to the plant. It had actually formerly estimated output of 360 kilotonnes from the smelter this. The job contributed about 28%. of South32's overall aluminium output in financial 2024. South African mining business...

Uganda's government and Turkish building and construction company Yapi Merkezi signed a contract to build a 272 kilometre (169 miles) section of railway, in a bid to improve regional trade, a Ugandan authorities stated on Monday. Uganda's Requirement Gauge Railway project planner, Perez Wamburu, stated the arrangement was for the first area of a. prepared 1,700 km electrical railway. The job will increase trade and minimize transport expenses,. Uganda's works ministry permanent secretary, Bageya Waiswa, stated. at the signing event. He stated Uganda will use its own funds and credit from export. credit organisations to fund the task, which will...

Zimbabwe's stateowned railway operator has actually opened its network as much as private gamers, including an unit of South Africa's Grindrod, as it looks for to enhance freight volumes that had actually collapsed after decades of underinvestment, an authorities stated. National Railways of Zimbabwe hauled 12 million lots of cargo yearly at its 1990s peak, now handles less than 3 million loads owing to a lack of engines and bad upkeep of its rail infrastructure. The collapse also followed a sharp decrease in agricultural and mineral output, activated by the violent seizure of white-owned farms promoted by Zimbabwe's former leader...

China, Tanzania and Zambia signed an initial contract on a train job aimed at improving the railsea intermodal transport network in East Africa, Chinese state media said on Wednesday, President Xi Jinping experienced the finalizing of the memorandum of understanding on a Tanzania-Zambia railway project with the Tanzanian and Zambian presidents, who were in Beijing participating in the Forum on China-Africa Cooperation, said broadcaster CCTV. China is willing to take this summit as a chance to make brand-new progress in the activation of the Tanzania-Zambia railway, work together to improve the rail-sea intermodal transport network in East Africa, and develop...