Tag: Rail infrastructure

Transnet
BusinessHot News

Transnet seeks $2.2 billion from South Africa Treasury for projects through 2030 

Transnet seeks $2.2 billion funding from South Africa’s Treasury to upgrade rail and port infrastructure through 2030.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's National Treasury
BusinessHot News

South Africa unveils $500 million credit guarantee to boost investment

South Africa Credit Guarantee will unlock $500 million for infrastructure investment, boosting power, rail and water projects.

Timilehin Adejumobi Timilehin Adejumobi
Private freight operator Traxtion
BusinessHot News

Traxtion receives first locomotives at Port of Durban in $207 million rail investment

Traxtion receives its first locomotives in a $207 million rail expansion as South Africa opens freight rail to private operators.

Omokolade Ajayi Omokolade Ajayi
African Rail Company
BusinessHot News

African Rail Co. backs South Africa freight rail expansion with $170 million

African Rail Co. plans a $170 million investment to expand freight rail services across South Africa and Southern Africa.

Timilehin Adejumobi Timilehin Adejumobi
Signing ceremony of DBSA funding at Washington D.C
BusinessHot News

DBSA backs $200 million Lobito Corridor loan to boost regional integration

Lobito Corridor set for upgrade with $200 million DBSA investment.

Timilehin Adejumobi Timilehin Adejumobi
Zambia and Tanzania deal with China to modernize the TAZARA railway
BusinessTourism

Zambia-Tanzania rail gets $1.4 billion boost for expansion

At a Glance The Tanzania-Zambia Railway Authority (TAZARA) has been a symbol of regional solidarity for almost 50 years. Zambia, Tanzania and China have signed a $1.4 billion agreement to overhaul and expand the 1,860-kilometer railway line, marking one of the largest infrastructure investments in sub-Saharan Africa in recent years.  The deal, announced by Zambia’s Ministry of Transport and Logistics,…

Oluwatosin Alao Oluwatosin Alao