Plans
Nigerian government exempts Dangote from border closure – report
The Nigerian government has allowed Dangote Cement to resume exports across its land borders, Bloomberg reports. This is despite the closure of all land borders by the government for over one year. The move has, however, raised hopes that Nigeria may be opening up trade with neighbors after a year-long blockade. The administration of the President Muhammadu Buhari gave its authorisation for Africa’s biggest producer to export cement to Niger and Togo in the third quarter for the first time in ten months, Michel Puchercos, chief executive officer, said on an investor call in Lagos. The export was made possible “through authorisation given by this administration,” he said. The exemption to Dangote Cement is seen as a softening of the government’s position on a border closure that started in ...
Egypt says plans railway lines extending to Libya, Sudan
Egypt’s transport minister Sunday announced proposals to construct a railway line to reach the Sudanese city of Wadi Halfa, and to extend a line in the north to Libya’s Benghazi. The announcement came as part of Egyptian government efforts to overhaul the country’s transport system, including an ailing railway network with a poor safety record. The government decided on “a number rail transport projects that could be carried out in cooperation with investors,” Transport Minister Kamel al-Wazir told a news conference in Cairo. They include “building an Aswan-Toshka railway line that will extend to the city of Wadi Halfa in Sudan,” he said, referring to locations in Egypt’s south and a city just across the border. He also said there were plans to extend the Marsa Matrouh-Salloum line, in Egy...
