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statementThe project includes a proposed 1,700 km pipeline network serving Namibia, Botswana, Zambia, Zimbabwe, Malawi and DR Congo.Dangote IndustriesstatementThe project will include a 600 Mn-litre storage facility comprising 360 Mn litres of diesel and 240 Mn litres of petrol.Dangote IndustriesstatementThe development was unveiled on November 4 at Walvis Bay.Dangote IndustriesstatementDangote Industries has launched a US$2.5Bn fuel storage and pipeline project in Namibia, targeting petroleum distribution across six Southern African countries.Dangote IndustriesstatementThe central bank held its policy rate at 12.5% in October.The central bankpredictionInflation is projected to approach 9% by December.post authorpredictionDespite disruptions at two major mines and the Ebola outbreak, economic growth is expected to remain above 5% in 2026.post authorstatementThe two programmes, approved in January 2025, initially totalled US$2.77 Bn, with US$348.5 Mn released following reviews in June.post authorstatementKinshasa is seeking additional financing and relaxed fiscal deficit ceilings for 2026–27 to cover mounting costs from the Ebola outbreak and armed conflict in eastern DRC.KinshasastatementThe IMF has reached a staff-level agreement with DR Congo on the fourth review of its Extended Credit Facility and third review of its Resilience and Sustainability Facility, with Board consideration expected in December 2026.The IMFcommitmentThe Iranian president called on the country's scientific and engineering communities to work with industries and knowledge-based companies to develop practical and innovative solutions to the sector's priority needs, and urged executive bodies to provide the necessary conditions for putting these achievements into practice.The Iranian presidentpredictionSmart management of railway networks, digital systems, electronic data exchange among railways, customs authorities, ports and transport companies, and modern technologies for fleet maintenance should help improve safety, reduce transportation times, and enhance service quality.hecommitmentPezeshkian underlined the need to harness knowledge, technology, and innovation to develop the railway sector.PezeshkianpredictionCompleting rail corridors and connecting ports and production centers to the railway network would enhance Iran's role in regional transit, increase trade exchanges and generate sustainable foreign currency revenues.hestatementAn efficient and competitive transport and logistics network is essential to making better use of the country's geographic position.hepredictionRail transport could strengthen domestic production, expand trade and improve the competitiveness of Iran's economy.PezeshkianstatementPezeshkian described railway development as an investment in the country's economic future and public welfare.PezeshkiancommitmentPezeshkian called for the completion of railway corridors, stronger links between ports and production centers, and expanded cooperation with neighboring countries to turn Iran's strategic geographic position into a lasting regional transit advantage.President Masoud PezeshkianstatementInvestors from regional countries are ready to invest in Iran, with their proposals currently under review by the Economic Council.MohajeranicommitmentStrengthening railway border crossings and developing combined transport infrastructure are high on the government's agenda.Mohajerani
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