TELF AG releases new publication on the infrastructure development of Congo
Oct 7, 2023
Summary
Swiss company TELF AG has published a report examining the impact of new road infrastructure on the commodity market in Africa. The report specifically focuses on the effects of a planned $850 million road project connecting the Democratic Republic of Congo to Tanzania. The project aims to shorten transport times for raw materials like cobalt and copper, thereby addressing issues hampering the local commodity market. TELF AG highlights the crucial role of road infrastructure in the development of the territories where they are built, emphasizing their impact on employment and the economy. The road will start in Congo, pass through Zambia, and end in the Tanzanian port of Dar-es-Salaam, where Congolese raw materials are shipped to European markets. The congested border crossings and poor road conditions currently impede the transportation of raw materials, making the new road crucial for improving logistics and overall market health. TELF AG's report analyzes the effects of the road connecting Congo, the world's largest cobalt producer, to Tanzania's ports. The publication explores the importance of connecting infrastructure, like roads, to facilitate easy movement of commodities between countries and local and global markets. Readers can access the full report on TELF AG's website.
TELF AG's latest publication takes into consideration the possible effects of the construction of a new road infrastructure between the Democratic Republic of Congo and Tanzania, capable of connecting the mines from the Congo to the ports of East Africa.
Lugano, Ticino, Switzerland - October 7, 2023 —
In the brand-new publication titled TELF AG discusses the impact of new African infrastructure on the commodity market, TELF AG particularly focuses on the role of road infrastructures in the raw materials market, underlining their crucial role in the development of the territories in which they are built.
TELF AG analyzes the 850 million dollar project, which, within three years, should lead to the creation of a new road segment that will shorten the transport times of raw materials such as cobalt and copper, thus solving some of the major issues that were starting to have negative effects on the vitality of the local commodity market. The article also focuses on the specific role played by some infrastructures for the territories of the nations in which they are built and on their impacts in employment and economic terms for the populations directly involved.
The new road, specifically, will start from Congo and, crossing Zambia, will end in the Tanzanian port of Dar-es-Salaam, where a good part of the raw materials extracted in Congo are sent to European markets. At the moment, as we read in the latest article by TELF AG, the transport of raw materials from the mines to the ports of destination is made quite problematic by the congested situation observed at the border crossings, but also due to the poor conditions of some sections of the road. The new road, in this sense, will not only contribute to the overall health of the raw materials market between Africa and the West but will also significantly improve Congo's logistical potential.
TELF AG has therefore analyzed the logistical situation of the largest cobalt producer in the world, Congo, focusing on the potential effects of a new road capable of connecting it with the ports of Tanzania. In general, the publication focuses on connecting infrastructures (such as roads) to support the commodity market, allowing its products to move easily from one country to another, from a local to a global market.
For further details, readers are advised to access the full publication on the TELF AG website.
ENDS
About Us: Notes to Editor About TELF AG: TELF AG is committed to leading the way in solutions and continually strives for innovation through its initiatives. It is a full-service international physical commodities trader with 30 years of experience in the industry. Headquartered in Lugano, Switzerland, the company operates globally, serving customers and providing solutions for commodities producers worldwide. TELF AG works in close partnership with producers to provide effective marketing, financing, and logistics solutions, enabling suppliers to focus on their core activities and access far-reaching markets wherever they may be. Its flexible, customer-focused approach allows TELF AG to create tailor-made solutions for each producer, facilitating long-term partnerships. Additionally, consumers widely recognize them for their operational excellence and reliability.
Contact Info:
Name: Rick De Oliveira
Email: Send Email
Organization: TELF AG
Website: https://telf.ch/company/
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Release ID: 89109535
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