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"Connecting Continents: The Cairo-Cape Town Highway - Africa's Landmark Infrastructure Project"
Q: What is the Cairo-Cape Town Highway (CCTH)?
A: The Cairo-Cape Town Highway (CCTH) is an extensive roadway project stretching approximately 10,228 kilometers, connecting Egypt's Alexandria port to South Africa's Cape Town. It traverses through 11 African countries and is aimed at significantly reducing travel time between northern and southern Africa.
Q: Which countries does the Cairo-Cape Town Highway pass through?
A: The CCTH passes through Egypt, Sudan, South Sudan, Ethiopia, Tanzania, Kenya, Zambia, Zimbabwe, Botswana, and South Africa, linking the northern and southern regions of the continent.
Q: What's the significance of the CCTH project?
A: The project holds substantial importance in fostering trade between African nations, enhancing connectivity, creating job opportunities, and contributing to the overall socio-economic development of both Egypt and the African continent. It aligns with the goals of the African Continental Free Trade Area (AfCFTA) Agreement, aiming to bolster cooperation and trade among African countries.
Q: Are there plans for additional infrastructure beyond the highway?
A: Yes, plans for infrastructure expansion beyond the highway include a railway line between Egypt and Sudan, with the first phase spanning from Aswan in Egypt to the southern region of Wadi Halfa in Sudan. The project aims to conduct feasibility studies and secure financing through collaboration between Egypt, Sudan, and the Kuwait Fund for Economic Development.
#CairoCapeTownHighway #AfricanConnectivity #InfrastructureDevelopment #AfCFTA #EgyptTransport #AfricaTrade #RegionalIntegration
Msc. Économie du Développement | Structured finance and Debt Manager | Fundraiser | Internal Controller
1moGood job and congratulations for SG teams... Could we have a tenor, grace periode and other more details of this important E&S financing...