• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, September 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Ghana to sign $3.2bn railway project deal with Thelo DB consortium

Ghana

The Matters Press by The Matters Press
July 20, 2022
Reading Time: 1 min read
0
South East rail in progress, Amaechi assures Igbo

Rail

Ghana’s government will sign an agreement next week with Thelo DB consortium for a $3.2 billion project to develop and make operational its Western Railway Line, the company said in a statement on Tuesday.

RELATED POSTS

‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF

‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

Thelo DB is a South African railway entity incorporated between Thelo Ventures, an African industrial company, and Germany’s Deutsche Bahn Engineering & Consulting (DB). The Thelo DB consortium also includes Ghanaian partner Transtech Consult.

Ghana’s Western Railway line runs a total of 339 kilometres (210 miles) from Takoradi Port to Kumasi, but only 66 km is operational, according to the website of Ghana’s Ministry of Railways Development, where it is listed as a priority project.

Two mines are on the route, including the Ghana Manganese Mine at Nsuta and a bauxite mine at Awaso, which used to use the railway until it collapsed, according to the ministry.

The line also goes through Ghana’s cocoa-growing regions and cocoa used to be transported in significant quantities by rail but has not been since 2006.

Transportation of cement, mining equipment, and petroleum will also benefit from the construction of the rail line, the ministry added.

“The Western Railway Line Project will transform Ghana’s existing railway infrastructure base into a modern, robust and integrated railway system,” Thelo DB said in its statement.

The agreement will be signed on July 25 at a ceremony with President Nana Akufo-Addo, the company said.

A presidential spokesperson did not immediately reply to a request for comment.

Tags: GhanaRail
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria targets $1.2bn export capacity for every state
Economy/Technology

‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF

September 2, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF

September 2, 2025
Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Next Post
SMEDAN to disburse N5.2m start-up grants to cooperatives

SMEDAN moves to change MSMEs development narrative

Chinese economist wants strategies to tackle Africa’s economic problems

Recommended Stories

NIMASA moves against illegal fishing in Nigerian waters

NIMASA commits to development of maritime university

April 18, 2022
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

Developing countries pay $443.5bn on public debt in 2022 – World Bank

December 14, 2023
Nigeria loses $25b to foreign ship owners

FG inaugurates mentorship programme to enhance non-oil exports

November 1, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Tinubu’s export ban on raw shea nuts will position Nigeria for $3bn annual revenue-TSF
  • ‎IMF, IFC commendation for Nigeria’s economic recovery, evidence of success of Tinubu’s economic reforms – TDF
  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us