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Government allocates 70 million euros to sectors hit by fuel price surge
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The French government announced a 70 million euro support plan on Friday evening for road transporters, fishermen, and farmers hit by energy price hikes from the Middle East conflict. Valid for April and renewable monthly, it provides targeted sectoral aid without worsening the public deficit. Sector reactions are mixed.
Spain's Ministry of Transport has agreed with the National Road Transport Committee (CNTC) to modify the road freight price review formula, raising fuel's weight from 30% to 40% currently. The measure addresses the crisis from the Iran conflict since February 28 and adds to existing aids. The new royal decree-law will go to the Council of Ministers tomorrow.
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Damietta Port has launched a new transit service for refrigerated and dry cargo from Europe via a Ro-Ro line connecting it to Italy's Port of Trieste. Shipments will move onward to Safaga Port on the Red Sea and then to Gulf markets. The initiative supports Egypt's strategy to become a regional hub for transport and transit trade.
Kenya's Motorists Association has warned that the Naivasha-Kisumu-Malaba railway extension will shift most cargo from roads to rail, weakening the highway-dependent economy.
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Addis Ababa's Federal High Court has sentenced Daniel Yohannes Kess, an executive of Fantek Investment, for defrauding victims of over 600 million Birr. He allegedly used false advertisements promising electric taxi investments to lure numerous individuals. The case highlights a scheme involving modern vehicles amid Ethiopia's transport challenges.
Following last month's announcement of construction starting in March, the National Land Commission (NLC) has detailed fair compensation plans for over 3,500 landowners affected by the Naivasha-Kisumu-Malaba Standard Gauge Railway (SGR) phases 2B and 2C. NLC CEO Kabale Tache Arero highlighted the economic empowerment benefits, with public forums engaging stakeholders.
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Transport for London (TfL) is introducing new super stealth speed cameras capable of detecting drivers exceeding 20mph and 30mph limits without visible warning signs. These 4K and 4D cameras operate without flash, lights, road markings, or sensors, and can survey 67% more traffic. The rollout marks a shift in speed enforcement methods.
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