Making tracks Tanzania and Burundi are strengthening trade ties between the two countries with the construction of a 282 km railway linking a nickel mine in Burundi to the port of Dar Es Salaam. The Tanzanian Railway Company has signed a US$2.15 billion deal with two Chinese firms – China Railway Engineering Group and China Railway Engineering Design and Consulting Group Company – to build the Uvinza-Musongati standard gauge railway (SGR) line.
Fast work North Africa is boosting its internet capacity by activating a new high-capacity subsea cable linking Egypt to Italy and France. The new Mediterranean subsea link on the 45 000 km 2Africa system,… Read more
Ancient metal The Flats Mine copper project in South Africa’s Northern Cape province is coming closer to fruition, with the definitive feasibility study (DFS) already under way and a Black Economic Empowerment… Read more
Bare necessities Series B funding worth US$38 million will enable South African insurtech start-up Naked to enhance its service through AI and automation. Africa Business Technologies reports that the funding for the… Read more
Magnetic material The US$325 million Longonjo rare earths project in Angola has secured US$160 million in funding. Mining Weekly reports that Absa Bank’s corporate and investment banking division has conditionally approved terms… Read more
