The new AfCFTA (Africa Continental Free Trade Area) agreement provides the basis for people and goods to be transported freely from one destination to another, without constraints.
The African Economy is forecasted to grow fast, by acceleration of trade and commerce, boosting transport for goods and people, and improving socio-economic benefits all over the continent.
TARC will significant contribute to AU’s Goal of “Africa Beyond 2063” and will implement a sustainable solution 30 years faster than envisioned.
With TARC, a complete new and unprecedented approach is proposed, creating an additional momentum for partnering with Europe (EU), the natural neighbour of Africa. The approach is “Central Designed, Parallel Built, Central Operated and Maintained – DBOM”, with a profit-center-oriented approach, hence with a centric and strong project governance and private company ownership.
New technology will be implemented, thus supporting innovation and minimizing pollution, by involving efficient and effective ECO-friendly available technology. Connections to Asia (Arab States and China- Belt) in the east and Europe in the west, will be stablished as well in Phases 2 and 3.
Our Progress Path
Presentation of the Assessment at the Railway Conference in Abuja 22.-23. October 2020
LOI´s with Regional Blocks in 2020
LOI´s with AU and Countries in 2021
Full Technical and Financial Feasability Studies in all Countries in 2021
MOU´s with each SSA Countries
Start High Speed Railway Constructions in 2022 – 2025, average 600 Km per Country
Start TARC High Speed Railway Operation in 2026, 24´000 Km
Open High Speed Railway Market in 2055
SSA (Sub-Sahara Africa) countries will enlarge the rail market by a better utilization of the regional corridors for transport. Railways are very effective on longer distances of transport. Developing harmonized regional strategies for creating corridors of transport, addressing the problems of border stations, and developing adequate logistic centers will support the growth of the volumes transported by railways and will sustain the economic development of the region.
The international corridors will be developed based on financial and economic evaluations, balancing the medium- and long-term interests in the region. The program will be focused on addressing the specific needs of the existing transport market.
Institutional arrangements are built for the accomplishment of the major policy and regulatory functions: (i) development of railway sector, (ii) economic regulation, (iii) safety regulation, (iv) technical standards, and (v) accident investigation.