• Home
  • Radio
  • TV
  • Advertisement
  • Disclaimer
  • Public Notice
    • Opinion
  • New Africa Business News
  • Contact
  • Log In
facebook
    • News
    • Business
    • Video
    • Entertainment
    • Sport
    • Jobs
    • Government
    • Immigrants
    • Investment
    • Gallery
      • Animal
      • Africa Map
    • NGO
    BREAKING NEWS
    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria
    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed
    $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth
    Ugandan elected as the Chair of African Union’s 5th Session of the Specialized Technical Committee (STC) on Agriculture, Rural Development, Water and Environment (ARDWE)
    The Roadway to Wealth on the Landmass of Africa is from the Export of value-added Farming products AfDB President Dr. Adesina divulged
    In Tanzania, Kerry formally Established a recent Manufacturing Establishment in the reinforcement of Local Food and Beverage Manufacturers
    Togo and the AfDB acquiesced to rev of 2021-2026 26 Strategy Pape…Structural Transformation and Diversification of Togo’s Economy
    Kwacha of Malawi debauched by 30% against the $ USD based on Supply-Demand Imbalances in the Currency Market
    In a quest of a better Integrated Mainland to rival Europe’s Schengen zone Rwanda’s President Paul Kagame announces Visa-Free Travel to all Africans in a bid to strengthen Free Movement and Trade
    Kenya Starts Trials for New Digital ID Cards for it’s Citizens

    Ghana Railway Authority Signs $500m Agreement to Construct Western Railway Line

    Posted On 12 Jun 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 12

    By Richard Adorsu-

    Ghana Railway Corporation
    Photo Credit: Starr FM

    NEW AFRICA BUSINESS NEWS (NABN) Accra- Ghana’s railway sector is set to witness a major transformation after signing 500-million-dollar agreement between Ghana Railways Development Authority and Amandi Holdings Ltd.

    The project will see the construction of sections of the Western Railway Line (Standard Gauge Line) between Takoradi Port and Huni Valley, forming a total of 102 kilometers of continuous single-track railway line.

    Speaking at the signing ceremony, the Minister for Railway Development, Joe Ghartey, outlined the benefits of the project towards the improvement of the country’s rail network.

    “The impact is that, since 2012 when that construction was done, we are now connecting the railway line to the Port. That’s the first thing so the goods can move straight to the ports. Thanks be to God. The same company, Amani, is also involved in the port work so they will work with themselves so to speak, to make sure that we are doing 8 km within the ports. Next, as I said we are converting some of the narrow ports that we have to standard gates. The section between Kojokrom and Eshiem, we are creating a bypass,” he said.

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    He also stated that a provisional amount has been earmarked for the Employer’s and Engineer’s Cost and supervision facilities, including land acquisition and payment for affected people, payable by the Employer.

    The Minister stated that from 2012 to 2017, a narrow-gauge line of approximately 15km was constructed from Sekondi to Takoradi.

    “Even though its construction commenced in 2012 and was completed in 2017, barely three years ago, they have to convert it to standard gauge in line with the policy that all new constructions of railway would be standard gauge,” he added.

    He said the conversion of Kojokrom to Takoradi Station section of the line would be done under this contract.

    The Western Rail Line runs from the Takoradi Port to Kumasi with a branch line from Dunkwa to Awaso. It is a total of 339 kilometers.

    The project when completed will connect two major mining companies, the Ghana Manganese Mine at Nsuta and Bauxite Mine in Awaso to the Port of Takoradi allowing for efficient transport of minerals.

     

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia, Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 100 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com  .Africa President of the year will be announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    HELP FIGHT CLIMATE CHANGE
     United Nations Environment Programme (UNEP) Leading Global Environmental Authority that Sets the Global Environmental Agenda, Promotes Coherent Implementation of the Environmental Dimension of Sustainable Development within the United Nations System, and Serves as an Authoritative Advocate for the Global Environment.  Visit:  www.unenvironment.org  

     

    The Global International Company
    International Business Consultant Company, Specialize With Companies Want To Do Business or Doing Business In Africa & United States. Contact:  info@theglobalinternational.com 

     

    NEW AFRICA BUSINESS NEWS
     ADVERTISING OPPORTUNITY WITH AFRICA’S FASTEST GROWING GLOBAL ONLINE NEWSPAPER.    INFO@NEWAFRICABUSINESSNEWS.COM 

     

     

    For New Africa Business News Richard Adorsu Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    • google-share
    Previous Story

    Liberia Expands Pre-Qualification Time Frame to Accentuates Crusade for the Indigenization in Oil and Gas Sector

    Next Story

    Ghana, As Global Gold Prices Surge, Production Boost Local Economy

    12 Comments

    1. Eric June 12, 2020 at 2:52 am Reply

      Thank you for all your reports about Africa. Finally I can depend on a media that can give me the news that I need from Motherland, Africa. London, England, Eric.

      • New Africa Business News, Staff Correspondent June 12, 2020 at 3:00 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Kwadwo June 12, 2020 at 3:10 am Reply

      Ghana and most countries in the continent are investing in public transportation and modern roads. Is Africa’s time. Accra Ghana! Kwadwo.

      • New Africa Business News, Staff Correspondent June 12, 2020 at 3:11 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Akwasi June 12, 2020 at 3:21 am Reply

      Leader Nana Akufo- Addo has a great vision for Ghana, likewise many other African leaders. Invest in for our future. Is going to be great means of transportation. Love the trains. Kumasi, Ghana. Akwasi.

      • New Africa Business News, Staff Correspondent June 12, 2020 at 3:23 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Kodzo June 12, 2020 at 3:36 am Reply

      Beautiful reporting new Africa business news. Thank you for the reports. Ghana is growing and Africa in general, no stopping. Yes Africa was a country and will be a country again. Edmonton Canada.Kodzo.

      • New Africa Business News, Staff Correspondent June 12, 2020 at 3:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Amber June 12, 2020 at 4:15 am Reply

      New Africa news thank you for signing me to your newsletter. The best online newspaper. Amber in Cape town, South Africa.

      • New Africa Business News, Staff Correspondent June 12, 2020 at 4:17 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Ahmed June 12, 2020 at 4:24 am Reply

      Good reporting and a great newspaper. Thank you NABN. Algiers, Algeria. Ahmed!

      • New Africa Business News, Staff Correspondent June 12, 2020 at 4:26 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    Leave a Reply Cancel reply

    *
    *

    Members Area

    • Members Log In

    RECENT

    POPULAR

    COMMENTS

    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria

    Posted On 29 Nov 2023

    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed

    Posted On 28 Nov 2023

    $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth

    Posted On 27 Nov 2023

    New Africa Business News, Africa Leader of the Year 2022-2023 Goes to Ethiopia's Prime Minister Dr. Abiy Ahmed

    Posted On 24 Feb 2023

    New Africa Business News 2022-2023 Person of The Year Goes to Professor Patrick Loch Otieno Lumumba (PLO Lumumba)

    Posted On 05 Jan 2023

    New Africa Business News, Person of the Year 2021-2022, Goes to African Women

    Posted On 29 Jan 2022

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Thanks for reading, Africa’s fastest...

    Posted On 26 Feb 2023

    Facebook

    Latest Posts

    $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria

    Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed

    $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth

    Recent Posts

    • $2.2 Billion being committed by Sun Africa and its Partners for Power Infrastructure in Nigeria
    • Cameroon braces up to Accelerate Mining activities The President of Cameroon’s National Assembly disclosed
    • $3 Billion Special Agro-Industrial Processing Zones (SAPZ) has disclosed in new Investment to remake Africa’s underdeveloped rural areas into Agroindustry aisles of Wealth
    • Ugandan elected as the Chair of African Union’s 5th Session of the Specialized Technical Committee (STC) on Agriculture, Rural Development, Water and Environment (ARDWE)
    • The Roadway to Wealth on the Landmass of Africa is from the Export of value-added Farming products AfDB President Dr. Adesina divulged

    Categories

    • Business
    • Education
    • Entertainment
    • Featured
    • Government
    • Immigrants
    • Investment
    • News
    • NGO
    • Obituary
    • Opinion
    • Public Notice
    • Sport
    • Video

    Tag Cloud

    african economy business africa

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.