On 9 April 2024, Ubu Holdings, participated in discussions with the Gabonese Ministry of Mines regarding their involvement in a crucial infrastructure project. Led by Minister Gilles NEMBE, the meeting centered on the development of a railway corridor aimed at streamlining the transportation of iron ore from the Bélinga region to Mayumba.
The delegation, included representatives from leading firms such as Thelo DB, a strategic partner to Deutsch Bahn engineering, expressed their commitment to undertaking feasibility studies and providing financial support for the project. Minister NEMBE emphasized the project’s strategic importance, highlighting its endorsement by President Brice-Clotaire OLIGUI NGUEMA as a catalyst for national development.
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