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Peugeot

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    • PEUGEOT E408 (1)
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Source: Peugeot |

PEUGEOT Completes its EV Line-up with the New PEUGEOT E-408: Unexpected from Every Angle, 100% Electric

The new PEUGEOT E-408 will be built at the Mulhouse plant and benefits from the ALLURE CARE programme and is warranted for up to 8 years / 160,000 km, the longest of any European brand

PEUGEOT (www.PEUGEOT.com) completes its EV line-up, with a fully electric version of the PEUGEOT 408, following the launch of the plug-in hybrid version in 2022. The new PEUGEOT E-408 combines the unexpected allure of a fastback silhouette with zero emission efficiency, the thrill of a powerful 157 kW/210 hp motor, and the…

AJet
Source: AJet |

AJet expands network with new routes to Saudi Arabia and Egypt, connecting key destinations

As part of its rapid growth following the 2024 summer season, AJet launched new routes to four cities in Saudi Arabia and two popular Egyptian destinations, offering affordable and efficient travel options across 95 destinations

AJet (www.AJet.com), Türkiye’s fast-growing airline, has announced the launch of new routes to Saudi Arabia and Egypt, continuing its network expansion. Beginning October 1, 2024, AJet offers flights from Istanbul’s Sabiha Gökçen Airport to Jeddah, Riyadh, Medina, and Dammam in Saudi Arabia, as well as flights to the Egyptian resort cities of Sharm El-Sheikh and Hurghada. In contrast to its parent…

inDrive

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    • In celebration of Transport Month, inDrive participates in the Smarter Mobility Africa Summit 2024, contributing to discussions on advancing sustainable and integrated transport solutions in South Africa (1)
    • In celebration of Transport Month, inDrive participates in the Smarter Mobility Africa Summit 2024, contributing to discussions on advancing sustainable and integrated transport solutions in South Africa (2)
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Source: inDrive |

inDrive Joins Smarter Mobility Africa Summit 2024 to help Shape the Future of Transport in South Africa (SA)

In celebration of Transport Month, inDrive participates in the Smarter Mobility Africa Summit 2024, contributing to discussions on advancing sustainable and integrated transport solutions in South Africa

In recognition of Transport Month, inDrive (www.inDrive.com), a global leader in urban mobility and services, has taken a central role in shaping discussions at this year’s highly anticipated Smarter Mobility Africa Summit 2024. The summit, which began on October 2nd and runs until October 4th, focuses on transparency, leadership, and…

Energy Capital & Power
Source: Energy Capital & Power |

Fossil Fuels to Power 60% of Africa's Energy by 2040

A FAMAR-sponsored panel discussion at Angola Oil & Gas explored enhancing the value chain in Angola from crude to commerce

By 2040, up to 60% of the African energy matrix will be fossil fuel driven, Anibor Kragha, Executive Secretary of the African Refiners and Distributors Association remarked at a FAMAR-sponsored panel discussion during the Angola Oil & Gas (AOG) conference on Thursday. This, he noted, highlights a fundamental need to…

inDrive
Source: inDrive |

inDrive Broadens Reach in Zimbabwe with Ride-Hailing, Courier and intercity Services

Now operating in four cities, inDrive introduces courier services and strengthens intercity offering

inDrive (www.inDrive.com), the global mobility and urban services platform, announces its expansion across Zimbabwe, now offering ride-hailing services in four major cities: Harare, Bulawayo, Gweru, and Mutare. inDrive has officially launched its courier services in Harare, further enhancing convenience for users. Additionally, its already established intercity services continue to provide…

Africa Finance Corporation (AFC)

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    • From left to right: Honourable Minister of Transport for Zambia, Mr. Frank Tayali MP, President & CEO of Africa Finance Corporation, Samaila Zubairu, and Honourable Minister of Transport for Angola, Mr. Ricardo Viegas d’Abreu, at the signing of the Zambia Lobito Rail Project concession agreements during the 79th UN General Assembly
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) Signs Concession Agreements with Governments of Angola and Zambia to advance Zambia Lobito Rail Project

The railway is expected to create economic benefit of approximately $3 billion across both countries, reduce emissions by approximately 300,000 tons per year and add over 1,250 jobs across construction and operations

In a significant milestone for the Zambia Lobito Rail Project, Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has signed concession agreements with the governments of Angola and Zambia for the financing, construction, ownership and operation of the transformational railway project. The agreements, which were signed yesterday…

inDrive
Source: inDrive |

inDrive: Celebrating 5 billion deals (and counting!)

This growth and diversification reflect inDrive’s evolution from being the world’s second-most downloaded mobility app to a global multi-service platform

inDrive (https://inDrive.com/en/home/) is celebrating a major milestone: the completion of 5 billion deals on its global mobility and urban services platform as of September, 2024. The landmark 5 billionth deal was sealed by a driver and passenger in Peru, marking a significant moment for inDrive since the company launched its…

African Development Bank Group (AfDB)

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    • AfDB President Akinwumi Adesina (7th from left, front row), Madagascar’s President Andry Rajoelina, Africa50 CEO Alain Ebobissé, and other participants at the 2024 Annual General Shareholders Meeting in Antananarivo. Adesina's wife, Grace, stands to his right
    • Madagascar's President Andry Rajoelina shows AfDB President Akinwumi Adesina a national craft at a Madagascar exhibition during the 2024 Annual Meetings in Antananarivo. Africa50 CEO Alain Ebobissé looks on
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Source: African Development Bank Group (AfDB) |

Africa50 investment platform gets thumbs up for its innovative financing, strategic partnerships and performance

Africa50 has mobilized over $1.1 billion in capital commitments and catalyzed an additional $4.4 billion in external financing in just seven years of operation

Presidents of Madagascar and Tanzania praise Africa50's critical role in addressing the continent's infrastructure challenges; Africa50 has mobilized over $1.1 billion in capital commitments and catalyzed an additional $4.4 billion in external financing in just seven years, Adesina. Africa50 (www.Africa50.com), the investment platform established by African governments and the African Development…

Menzies Aviation

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    • Menzies expands presence in Africa with new cargo facility
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Source: Menzies Aviation |

Menzies expands presence in Africa with new cargo facility

Boasting high-end facilities and cutting-edge technology, the new cargo warehouse enables Menzies to offer high quality, efficient and safe services to airlines, including launch customers Airlink and Qatar Airways

Menzies Aviation (www.MenziesAviation.com), the leading service partner to the world’s airports and airlines, has announced the official opening of its new cargo facility at Maputo International Airport (MPM) in Mozambique.  The state-of-the-art facility means that Menzies can now handle cargo at MPM, increasing Mozambique’s freight capacity. This represents a significant…

The World Bank Group
Source: The World Bank Group |

World Bank Approves US$90 Million Additional Financing for Djibouti Regional Economic Corridor

The new financing will support the rehabilitation, improvement, management, and maintenance of three sections of the Southern Corridor Road

The World Bank’s Board of Directors has approved US$90 million in additional financing for the Horn of Africa Initiative: Djibouti Regional Economic Corridor project.  The new support will expand the scope of the US$70 million original project, approved in December 2021, to enhance regional connectivity and resilience, logistics efficiency, and improve accessibility for…