President of the Southern African Railways Association , Hishaam Emeran, has called on the African continent to harness the potential of rail as it has a critical role to play in growing the economy and creating jobs.
Emeran, who is also the Chief Executive Officer at the Passenger Rail Agency of South Africa , said fixing and upgrading rail is an important goal, given the burden that Africa's roads carry. In 2023, the South African government established the National Logistics Crisis Committee , which is chaired by the Presidency and brings together all of the relevant government departments to drive a coordinated response to the logistics challenges.
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East Africa: Ethiopia Leads East Africa in Foreign Direct InvestmentEthiopia emerged as the leader in attracting foreign direct investment (FDI) in East Africa last year, according to the World Investment Report published by the United Nations Conference on Trade and Development (UNCTAD) last week.
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