Qalaa Invests in East Africa Cargo as China Builds Rail Link

Posted on : Thursday , 22nd January 2015

 Egyptian private-equity company Qalaa Holdings SAE is investing $70 million to accelerate the movement of rail cargo carried from East Africa’s busiest port, as it faces competition from a new Chinese-backed link.

Qalaa controls Rift Valley Railways Ltd., the operator of a railway built almost a century ago running from Kenya’s Mombasa port to neighboring Uganda.
It covers a portion of the same route as a new rail line under construction from Mombasa, designed to speed up freight transit times, cut transport costs and boost mining and agricultural exports. It isn’t yet clear who will operate the second railway.
Qalaa “is investing heavily in a new subsidiary, which will complement RVR by handling cargo at the port of Mombasa in Kenya,” Karim Sadek, managing director of the company’s transportation division, said in an interview from Nairobi.

Source :




Expogroup is a full service exhibition organiser with over eighteen years experience in International.Trade Exhibitions and Events. Our current portfolio includes 20 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

EXPOGROUP © 1996 - 2021 | Privacy Policy

Find us here

Subscribe Newsletter

Join our mailing list and receive latest news and advice from us in our monthly Newsletter

Yes, I would like to receive Expogroup E-newsletters

Instant Reply