Never has so much cash flowed into a new technology as is pouring into AI, eclipsing the sums splurged on railways or the internet when those technological revolutions sucked in capital. Cumulative spending globally on data centres alone could top US$30-trillion by 2050, according to a projection by PwC, almost matching the value of outstanding…
Dar es Salaam, Tanzania to Kapiri Mposhi, Zambia — In Dar es Salaam’s train station, hundreds of passengers sat amid piles of luggage as a listless breeze blew through the open windows. Shortly before their scheduled 3:50pm departure on the Tanzania-Zambia Railway Authority’s (TAZARA) Mukuba Express train, an update crackled over the tannoy: the train…
The EU and US-backed Lobito Corridor railway for critical mineral transport risks driving evictions in a mining region of the Democratic Republic of the Congo and leaving vulnerable people open to abuse The Bel Air neighbourhood of Kolwezi city, in the Democratic Republic of the Congo (DRC), is cut through by an old railway. The…
Up to 6,500 people could be at risk of eviction by the flagship project, a new Global Witness investigation reveals Main findings: Up to 6,500 people at risk of displacement by Lobito Corridor railway between Kolwezi and DRC’s Angolan border, Global Witness satellite imagery analysis shows. EU-linked companies involved in the railway rehabilitation, which could…
Luanda — The World Bank’s Director of Strategy, Vickram Cuttaree, on Tuesday in Luanda recommended that African states should institutionalize railway networks in the continent as a way to guarantee, in the long term, the sustainability of financing commitments for these structuring projects. The official was speaking at a panel on the theme “Regional Corridors…
