TARC - Trade Acceleration by Regional Connectivity

Company Description

Trans Africa Railway Corporation 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 choise for all transport needs of people and goods. TARC will enable the free transport within AfCFTA for the Africa we want.

Countries of Operation

Ghana, Nigeria, Ivory Coast, Togo, Benin

Ownership of Company

Joint Local, European and Other

European: 40%

Local: 50%

Other: 10%

Number of years since incorporated

6

Project Pitch:

TARC - Trade Acceleration by Regional Connectivity

Budget Request for Establishment and Operationalization of TARC Ltd in Ghana for ECOWAS Region (2026-2030).

The above subject matter refers, in coordination with EIB (Global Gateway Initiative) This memorandum seeks approval for budget allocation to support the establishment of Trans Africa Railway Corporation (TARC) Ltd from scratch in Ghana, serving the Economic Community of West African States (ECOWAS) region. TARC aims to develop high-tech mobility solutions, including a high-speed railway network connecting African capitals and commercial centers, with a focus on facilitating the movement of goods, services, and people within ECOWAS to reduce transport costs, enhance connectivity, and align with the African Continental Free Trade Area (AfCFTA) objectives. The initiative will commence with a Technical Feasibility Study (TFS) in 2026, followed by operational buildup from 2026 to 2030. Total $12.5m.

Team

TARC Team Members on Board: Magnus Chukwuma Nwakamma – Head of Delegation & TARC Program Director Nyevero Mudzuri – TARC Deputy Head Southern Africa /TARC Representative Zimbabwe Jose Mensah Ekay – Facilitator & TARC Head of ECOWAS Andreas Rewwinkel- TARC Head Southern Africa/ Representative South Africa

Type of Project

Private Company project

Stage

Early Venture | Jeune entreprise (early stage)

Annual Revenue (in EUR)

10.000 - 50.000 EUR

Number of employees

11-50

Total Project Cost (in EUR)

2026: 12.5m; 2027-2035: 10b-12b; 2035-2045: 300b

Financing needs (in EUR)

12,500,000 EURO

Type of financing needed

• Equity | Fonds propres
• Grant | Subvention
• Global Gateway

The Company is looking for

• Financing | Financement
• Joint Venture/Partnership | Coentreprise / partenariat
• Suppliers for products/services | Fournisseurs pour des produits / services
• Private Sector profitable (DBOFM) Project with SPV/PPP

Planned allocation of fundraising capital

Greenfield (new activity for the company) | Greenfield (nouvelle activité pour l’entreprise)