Transport

Tanzania signs Ksh146 billion loan for SGR construction

Tanzania signs Ksh146 billion loan for SGR construction

Tanzania has signed a $1.46 billion (Ksh146 billion) loan agreement with Standard Chartered Bank Tanzania to fund the construction of 550 kilometres of Standard Gauge Railway (SGR) …...

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Firm bets on electric bodabodas and tuktuks to grow market share

Firm bets on electric bodabodas and tuktuks to grow market share

Local boda bodas and tuk-tuks now have the option of going electric by swapping their low-charge batteries with fully charged ones following the piloting of the auto technology. Thi…...

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Railway holds key to freeing up roads, cutting pollution

Railway holds key to freeing up roads, cutting pollution

Disruption has become the only constant in the rapidly-changing world of business. Every so often, the tide of innovation sweeps with power, buffeting the jobs that did not require …...

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Kenya: First online-only motor insurer launches mobile app

Kenya: First online-only motor insurer launches mobile app

Grin Insurance, Kenyas first digital-only car insurance company, has released its flagship mobile application, reported Reuters.The app lets customers pay premiums in instalments an…...

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Demand for rail transport set to rise sharply — report

Demand for rail transport set to rise sharply — report

• The daily number of passengers transported in recent years has been as low as 13,000 on five rail lines. • Unreliable locomotive fleet, unsatisfactory levels of comfort, limited…...

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Sh270m road to ease transport at Mombasa port

Sh270m road to ease transport at Mombasa port

Trademark East Africa (TMEA) has inked a deal with Mombasa County to construct a road that will ease congestion at the port. The development agency signed a Sh270 million deal last …...

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Ethiopian Airlines to start building new $5 billion airport this year - CEO

Ethiopian Airlines to start building new $5 billion airport this year - CEO

Ethiopian Airlines will start constructing a new $5 billion (Sh500 billion) airport later this year, its chief executive officer was quoted as saying on Wednesday, as the rapidly-ex…...

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Ghana ports to see more cargo volumes in 2020

Ghana ports to see more cargo volumes in 2020

Ghana’s ports will anchor increases in cargo volumes in 2020 following the positioning of Tema and Takoradi Ports as transhipment and oil and gas hubs respectively.Mr Michael Luguj…...

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Cabinet okays Sh2.5bn city high-speed train plan

Cabinet okays Sh2.5bn city high-speed train plan

The Cabinet has approved a Sh2.5 billion budget for the upgrade of the Nairobi commuter railway network, paving the way for importation of faster trains from Spain.The move is aimed…...

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Kenyan on-demand delivery platform Sendy raises $2m

Kenyan on-demand delivery platform Sendy raises $2m

Nairobi-based on-demand delivery platform Sendy has raised $2-million in funding from Dutch impact investor Goodwell Investments.Goodwell Investments announced the deal in a post on…...

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