One of the Latvian banks is bidding to finance a project to supply and manufacture 700 railway …
RVR
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Industry & Trade
Qalaa’s Rift Valley Celebrates First New Locomotives in East Africa
by Yomna Yasserby Yomna YasserRift Valley Railways, the national rail operator of Kenya and Uganda and a unit of Egypt’s Qalaa …
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Industry & Trade
Qalaa Holdings’ subsidiary, Standard Bank Close $20mn Locomotive Finance Deal
by Yomna Yasserby Yomna YasserThe Kenya-Uganda railway operator has secured asset financing deal with Standard Bank of South Africa and CFC …
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Industry & Trade
Qalaa Holdings’ East African Affiliate Secures Funds for Locomotives
by Yomna Yasserby Yomna YasserEast Africa’s Rift Valley Railways, operator of the only rail line linking Kenya’s Indian Ocean coast with …
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Industry & Trade
TransCentury Sells its Rift Valley Railways Stake to Citadel
by Yomna Yasserby Yomna YasserKenya’s TransCentury has sold its 34 percent stake in Rift Valley Railways to Egypt’s Citadel Capital (CCAP.CA), …
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In a week, Egypt bourse has managed to gain EGP 3.1 billion shrugging off concerns over possible …
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Industry & Trade
Citadel’s RVR Reopens Key Trade Route Between Kenya, North Uganda
by Yomna Yasserby Yomna YasserCitadel Capital’s Rift Valley Railways (RVR) re-launches Uganda’s Tororo-Gulu-Packwach rail line at a ceremony attended by Ugandan …
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Indices news
Egypt’s Citadel Capital Eyes Uganda’s Oil Refinery Project
by Yomna Yasserby Yomna YasserEgypt’s investment bank Citadel Capital (CCAP.CA) intends to inject $2.5 billion in a projected oil refinery in …