AGP Executive Report
Last update: 3 hours agoPipeline Investment: Aliko Dangote bought a 24.7% stake in Kenya Pipeline Company for about $327 million, extending his energy distribution footprint as he plans a refinery at Lamu. Freight Rail: Transnet ran a 696-wagon train on South Africa’s iron-ore line, potentially setting a world record; Guinness is reviewing the claim. Trade and Ports: African ministers backed a regional shipping plan to lower trade costs, while the World Bank called for connected digital systems at West African ports. Fleet Growth: SBM Bank Kenya and Beyond Continents Logistics partnered on a KSh571 million fleet expansion to support East African trade. Rail Modernisation: South Africa’s Wabtec agreement will upgrade freight locomotives, targeting better performance on routes carrying minerals and exports.
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