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The US experienced a railway mania in the 1850s and 1860s. In 2022 there is a new railway mania, this time in Africa. Will this contemporary mania be marked more by ‘wisdom’ or ‘foolishness’?
A railway journey to new colonialism in Africa? Not if the African Union (AU) can help it. The AU has a big, bold vision for African railways.
Financial problems and bankruptcy of African railways should be expected, but we must hope that the vision of the African Union, patience and financial backing are sufficient to keep building railways. It’s the long-term wealth created by urbanization, industrialization and export-led growth that will create wealth to pay for railways.
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