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Trans Africa Railway Corporation Ltd.

Acronym: TARC

General Information

Identification Code: 341619043223-80
Website: [object Object]
Entity Form: Ltd.
Registration Category: Companies & groups
Registration Date: 6/18/2021
Last Update: 5/8/2024
EP Accredited Number: 0

Mission & Interests

Goals: TARC for Trade Acceleration by Regional Connectivity: TARC strives to be Africa’s Tech Giant No 1 in a 10 years period, providing high tech mobility solutions on the continent, by connecting capitals with high tech services into urban areas and all regional economic communities. Transport services with speed rail will enable us to be the No 1 choice for all transport needs of people and goods. TARC will enable the free transport within AfCFTA for the Africa we want. Marshal Plan DBFOM for 35 years; No new debt for Governments in Africa; Win-Win for EU-AU, RECs and Countries. 6gr/km CO2 Emission; Max. contribution ECO Environment; Min Carbon Footprint/CO2-Certificates. Boost Intra Africa Trade and Economy by providing Infrastructure No1 of AfCFTA, connect to Asia and the EU Belt.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Agriculture and rural development
  • Banking and financial services
  • Borders and security
  • Business and industry
  • Climate action
  • Competition
  • Customs
  • Digital economy and society
  • Economy, finance and the euro
  • Education and training
  • Employment and social affairs
  • Energy
  • Environment
  • European neighbourhood policy
  • External relations
  • Foreign affairs and security policy
  • Fraud prevention
  • International co-operation and development
  • Migration and asylum
  • Single market
  • Trade
  • Transport
Levels of Interest:
  • global

Activities

Main EU Legislative Proposals: European Parliament 2019-2024 P9_TA(2021)0108 New EU-Africa Strategy European Parliament resolution of 25 March 2021 on a new EU-Africa Strategy – a partnership for sustainable and inclusive development (2020/2041(INI))
Communication Activities: TARC's Vision: Poor to non-existing Railway Infrastructure all over the African Continent, especially in the Sub-Sahara Regions prompted a novel vision that would link coastal countries with a reach to the central African Regions thereby enabling easy and cheap transportation of persons and goods. The outcome would bring Africa back to Africans, be built by Africans for Africans, creating new jobs and at the same time, integrate the African High Speed Railway Network in the larger world’s community, thereby realising a dream: Africa, a young, strong growing Continent with high potential, partnering as equal with maturing economies and Emerging Markets. 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, all over the continent. This project will be a significant contribution to AU’s Goal of “Africa Beyond 2063” and will implement a sustainable solution 30 years faster than envisioned. With this project, a new approach is proposed, creating a new momentum for partnering with Europe, the natural neighbour of Africa. Funding will be committed, the approach will be “Central Design, Parallel Build, Central Financed, Distributed Operated and Maintained” (DBFOM), with a profit-oriented approach, hence with a strong project governance and own-ership for private and institutional investors. 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) in the East and Europe in the West, will be stablished as well.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Trans Africa Railway Corporation Ltd.Atlantic Tower, 7th floor
Post Code: 00233
City: Accra
Country: GHANA
Phone: [object Object]

EU Office

Address: Trans Africa Railway Corporation Ltd.Atlantic Tower, 7th floor
Post Code: 00233
City: Accra
Country: GHANA
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: Start-Up, project in development, no funding available yet; however, in contact with financial industry, governments, and other sponsoring organisations to obtain funding.

Membership Information

Members10 Percent: 0
Members25 Percent: 2
Members50 Percent: 1
Members75 Percent: 0
Members: 4
Members F T E: 2
Info Members: This number includes -4- persons that will engage in discussion with members of the EU Commission. As the interaction is about to begin, the number above corresponds to the best estimate at this point in time. This may need to be revised as discussions progress.

Structure

Structure Type: Structure
Is Member Of: www.ghaba.net
Organisation Members: None so far.