Airlines across Africa are reaping the rewards of increased demand, with the International Air Transport Association (IATA) reporting an increase of 20.7% in passenger traffic compared to this time last year. The collection of carriers includes, but is not limited to, Kenya Airways, Ethiopian Airlines, Egypt Airlines, Royal Air Maroc, and Air Senegal.
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Why is the U.S. gaining momentum in financing African railway projects?
The discussion regarding increasing rail competition between the U.S. and China in Africa is not new. Recent months have seen the unfolding of U.S.-led initiatives to finance and develop railway projects of great freight significance in the continent. At the same time, Chinese investments that have been a staple in the region for years seem […]