Afrail Inc. to debut its Afrail Security Token (AFRX)
Afrail Inc. is preparing to debut its Afrail Security Token ERC-1400 (AFRX) in a Private Placement Offering (PPO) to raise $4.04 billion USD under Regulation D Rule 506(c) of the U.S. Securities Act. The PPO will provide Afrail with the visibility, liquidity, and investor confidence needed to support its growth trajectory and achieve its long-term strategic goals.

June 25, 2024 - London, UK-based Urban.MASS and Abba Rail, a wholly-owned subsidiary of the New York City, USA-based Abba Platforms Inc., have signed a Letter of Intent (LoI) to pioneer the deployment of the Floc® Duo Rail™ system across Africa, with a projected development value of more than $2 billion USD, starting in Luanda Province, Angola. Read more >>

Overview
AfrailX is an eco-friendly, cutting-edge urban mass transit system powered by the innovative AfrailX Floc® Duo™ Rail technology, featuring lightweight, automated electric pods on elevated tracks. Designed to alleviate traffic congestion and reduce carbon emissions by up to 50%, AfrailX aims to offer safe, efficient, and affordable transportation for over a billion commuters daily across 50+ cities in all 54 African countries. With Abba App as the preferred ticketing platform, it simplifies buying tickets for AfrailX while driving economic growth, creating over 1.2 million job opportunities, and enhancing connectivity in urbanizing regions.

Deployment
AfrailX, powered by the Floc® Duo™ Rail technology, is easy and faster to install and deploy, unlike the traditional railway systems.

Installation
Discover how simple it is to install, assemble, and deploy the AfrailX system, powered by Floc® Duo™ technology, by watching the video on YouTube

Phase One
The following are the towns and cities where we set to deploy and commission AfrailX and ArailX during Phase One;

• AfrailX - Northern Namibia - to connect Oshakati, Ongwediva, Ondangwa, Oshikango, and Eenhana, spanning approximately 265 km.
• ArailX - Miami, Florida - to connect along Collins Avenue from South Beach to Palm Beach, passing through key transit areas such as Miami Beach, Surfside, Bal Harbour, Sunny Isles, Fort Lauderdale, and Boca Raton, spanning approximately 130 km.

Phase Two

• Luanda Province, Angola
• Kigali, Rwanda
• Kampala, Uganda
• Lilongwe, Malawi
• Harare, Zimbabwe

The timeline to deploy and commission these two brand names, AfrailX and ArailX, in the above listed towns and cities is 2025 - 2030 to transport over 40 million paying passengers, on a daily basis.

Company
AfrailX™ and its twin sister ArailX™ are flagship brands of Afrail Inc., a privately held infrastructure and mobility company headquartered in Atlanta, Georgia, with permanent operations in Oshakati, Namibia. Powered by Floc® Duo Rail™ technology, these groundbreaking urban mass transit systems are designed to reduce traffic congestion, lower traffic accidents, and promote sustainable, eco-friendly transportation in urban centers globally. By leveraging advanced technology and emphasizing efficiency, AfrailX and ArailX aim to provide safe, affordable, and comfortable travel for millions—starting in Northern Namibia and South Florida.

Contact Us

Email: info@afrailx.com

Social Media

Abbain | LinkedIn | Facebook | X | Instagram