Bolloré will not invest in Congo Ocean Railway though it is a valuable partner
The Chemin de fer Congo Océan (CFCO) now transports only one container in ten on the Pointe-Noire-Brazzaville river port link of the major corridor that leads to Ouesso, Bangui and Ndjamena.
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▪ Bolloré will not invest in Congo Ocean Railway though it is a valuable partner
▪ The Chemin de fer Congo Océan (CFCO) now transports only one container in ten on the Pointe-Noire-Brazzaville river port link of the major corridor that leads to Ouesso, Bangui and Ndjamena.
▪ https://www.africabusinessplus.com/en/811875/bollore-will-not-invest-in-congo-ocean-railway-though-it-is-a-valuable-partner/
The financial difficulties and technical hazards of the operation make the line uncompetitive compared to the road (RN1) between Pointe-Noire and Brazzaville, despite the high level of tolls – one of the most expensive in the world (CFAF 250,000 for a single trip).
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