[South African Ports Authority plans to invest$570 million in port infrastructure]South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao
Zanzibar, Tanzania has launched two major projects, the International Convention and Exhibition Center and the "City of the African Cup", with a total investment of over 700 billion shillings. The selection of the exhibition center in the Fumba area aims to create a regional trade hub; The "City of the African Cup" is accelerating its construction in preparation for the 2027 African Cup and supporting the dual wheel drive of sports and tourism.Editor/Gao Xue
The approval of the Three Seas Wind Power Project on Sanshan Island in Yangjiang has been postponed until May 2027. The total investment of the project is 5.444 billion yuan, with an installed capacity of 500MW. It is located in the southern sea area of Hailing Island and is currently in the pre construction preparation stage.Editor/Gao Xue