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How the African Development Bank is Transforming Africa’s Rail Network
Manage episode 437694172 series 2908300
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Welcome to another episode of Coffee with the Editor! In this insightful discussion, Phillippa Dean, Editor of Railways Africa, sits down with Mike Salawou, from the African Development Bank (AfDB), during the Southern African Railways Association’s (SARA) Conference and Exhibition at the Sandton Convention Centre.
In this episode, we explore the African Development Bank’s pivotal role in transforming Africa’s rail sector. Mike Salawou shares how AfDB is financing major rail-related projects across the continent to enhance regional connectivity and economic growth. One of the bank’s significant investments includes a $1 billion loan to support Transnet, aimed at addressing South Africa’s logistics crisis and supporting Transnet’s turnaround plan. Salawou elaborates on AfDB’s broader vision, which includes key projects like Tanzania’s Standard Gauge Railway, the LAPSSET Corridor, and numerous initiatives in West and Central Africa.
Salawou also discusses AfDB’s commitment to sustainable and long-term investments, offering insights into the bank’s strategic partnerships, multimodal approaches, and the importance of integrated planning. Learn about the innovative financing models, such as the use of carbon credits, and the challenges and opportunities within Africa’s rail sector.
Join us as we delve into AfDB’s strategic initiatives that are not only reshaping Africa’s transport landscape but are also paving the way for a fully integrated and modernised railway network across the continent.
Don’t forget to like, share, and subscribe for more in-depth interviews and insights on Africa’s rail industry!
#AfricanDevelopmentBank #RailwaysAfricaMagazine #RailSector #RegionalConnectivity #SustainableTransport #AfDB #RailInvestment
RAILWAYS AFRICA MAGAZINE
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