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DIDG rolls sleeves in NRZ turnaround… gets 50percent stake to manufacture rail sleepers

DIDG rolls sleeves in NRZ turnaround… gets 50percent stake to manufacture rail sleepers

DIASPORA Infrastructure Development Group (DIDG) has acquired a 50 percent stake of the country’s sole manufacturer of rail slippers Fort Concrete and will inject $3 million into the Gweru-based company to start manufacturing the slippers for the rail track rehabilitation project. DIDG won the $400 million tender to recapitalise and operate the National Railways of […]

Ethio-Djibouti Railway to Begin Operation Early 2016

Ethio-Djibouti Railway to Begin Operation Early 2016

The new railway line connecting Ethiopia and Djibouti will open starting early 2016, the head of the Ethiopian Railways told the press. According to the Ministry of Foreign Affairs of Ethiopia, the 450-mile line which is being built by China Railway Engineering Corporation (CREC) and China Civil Engineering Construction (CCECC) at a cost of 4 […]

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