Page 11 - Msingi Afrika Magazine Issue 26
P. 11

Economy



               AUDA  -NEPAD( African            and raising of the standard     With these key issues now

               Union Development Agency)        of living. Railways are the     ironed out we can expect
               – (New Partnership for           most  efficient  and  cheapest   continued    progress     as
               Africa`s Development).           method     of    transporting   Nigeria  has a particularly

                                                people and goods. China         well designed, in fact world
               The Veins of Trade               stands as the best example      class, Master Railway Plan
               The integrated nature of         of the qualitative changes      which will in the near future
               the railway will facilitate      that high speed rail brings to   connect to  Maradi in Niger,
               seamless      freight     and    the economy and how it is       Ouagadougou in Burkina

               passenger travel through all     only through high speed rail    Faso  and  ultimately  Douala
               regions and will serve as the    that  industrialization  can  be   in Cameroon, Cote D`Ivoire
               veins of  AfCFTA (African        accelerated.                    and on to Dakar, Senegal.

               Continental     Free    Trade
               Area) which was inaugurated      The majority of countries in    Ethiopia, Egypt and Tanzania
               on 1 January 2021. Both          Africa are in the process of    are continuing as trail blazers
               AfCFTA and  AIHSRN are           modernizing and expanding       within the rail industry, in
               flagship  projects  of  Agenda   their    national    railway    part due to their respective

               2063.  The year 2063 will        networks to run at higher       government’s           strong
               mark the centenary of the        speeds  and  using  standard    commitment  to AIHSRN.
               founding of the original AU,     gauge in most of the networks.   Ethiopia   inaugurated    its

               the Organization of  African     Ghana, Nigeria, Botswana,       electrified   cross-   border
               Unity.                           Namibia, Angola,  Ethiopia,     train connection, the  Addis-
                                                Zambia,  Kenya, Tanzania,       Djibouti line, back in 2018 and
               The most important aspect        Uganda, Egypt, Morocco          is continuing with outward
               of the railway vision is         and Tunisia are among all of    links to neighbouring states,

               its capacity to integrate.       those who have progress to      namely South Sudan.
               Integrate means  to make         report despite challenges in
               whole, unite.                    some cases.                     Tanzania`s success is quite

                                                                                phenomenal. Tanzania  is
               Transport     expenses     on    The    Nigerian     Railway     almost twice the size of
               the  African continent are       Modernization     Plan     is   Western Europe’s largest
               among the highest in the         now over-coming the main        country,     France.     The
               world, raising the cost of       obstacles    to    continued    Tanzanian  SGR  consists  of

               doing business and making        progress having reformed        a network of about 2,000
               products uncompetitive on        the railway industry with       km developed in six phases
               global markets. Infrastructure   a  constitution  amendment.     which were explained by

               deficits  and  energy  deficits   The    Nigerian    Railway     Masanja     Kadogosa,     the
               are the primary obstacles        Corporation has similarly       Director General of Tanzania
               to the alleviation of poverty    undergone      restructuring.   Railways Corporation (TRC )




                                                                                            ISSUE 26 | APRIL 2024  11
   6   7   8   9   10   11   12   13   14   15   16