January 18, 2019
The Export and Import Bank of China has signed a loan agreement with Egypt’s Ministry of Transport to provide a USD1.2 billion soft loan for the Greater Cairo light rail transit (LRT).
April 18, 2018
The European Investment Bank (EIB) has approved financing of EUR45 million for the procurement of 18 trains by Transtu, the public transport company of the Greater Tunis Area.
March 23, 2018
Dubai’s Department of Finance has completed the USD2.45-billion infrastructure financing programme of the Route 2020 project of Dubai Metro.
March 16, 2018
The World Bank has approved funding of USD295 million to develop a bus rapid transit (BRT) system in Beirut on public private partnership (PPP) model.
March 8, 2018
The European Investment Bank (EIB) has signed a EUR40-million loan agreement with Société du Tramway de Rabat Salé (STRS)/Rabat-Salé Tramway Company for the extension of Line 2.
March 5, 2018
The Government of Côte d’Ivoire, on behalf of SOTRA, a public transport company in Abidjan, has signed a CFA59 billion loan agreement with the Czech Republic-based Ceskoslovenská Obchodni Banka (CSOB) to purchase 450 Iveco buses
February 26, 2018
France-based Agence française de développement (AFD), European Investment Bank (EIB), and European Bank for Reconstruction and Development (EBRD) have announced plans to provide total financing of EUR600 million for the rehabilitation of Cairo Metro Line 1.
February 13, 2018
The Board of the European Investment Bank (EIB) has approved funding for urban transport projects in Rabat (Morocco) and Dakar (Senegal).
February 8, 2018
The European Bank for Reconstruction and Development (EBRD) proposes to provide a EUR130-million loan to the National Authority for Tunnels (NAT) for the rehabilitation of Cairo Metro Line 1.
January 2, 2018
The Saudi Arabia Public Transport Company (SAPTCO) has secured a SAR61.5 million-loan from the Al Rajhi Bank to procure 50 Mercedes-Benz buses.
December 18, 2017
The Supreme Council for Planning and Development, the agency monitoring the Kuwait Metro project, has estimated the project cost at KWD3.46 billion
November 24, 2017
The African Development Bank (AfDB) has disbursed TZS360 billion for the development of Phase 2 of the bus rapid transit (BRT) system in Dar es Salaam.
November 24, 2017
France-based Agence française de développement (AFD) has signed an agreement with Egypt’s Ministry of Transport to provide a EUR500,000 grant for the upgrade of public transport systems.
November 13, 2017
The European Investment Bank (EIB) has granted a 30-year loan of EUR83 million to procure 28 rail cars and construct a 17-km track for the Tunis Metro system.
October 13, 2017
The European Investment Bank (EIB) has approved a EUR180-million loan to Egypt’s National Authority of Tunnels (NAT) for the rehabilitation of Cairo Metro Line 1.
October 10, 2017
France based Agence française de développement (AFD) has approved a EUR80-million loan for the final phase of Tangiers-Casablanca high speed rail (HSR) line.