Tag: Transnet

Transnet completes $246 million upgrade at Africa’s largest iron ore terminal

Transnet completes a $246 million Saldanha upgrade, boosting South Africa iron ore exports and mining logistics capacity.

Oluwatosin Alao Oluwatosin Alao

South Africa’s Transnet signs $1.3 billion LNG terminal deal at Ngqura

Transnet signs a $1.3 billion LNG terminal deal at Ngqura as South Africa accelerates its transition to gas energy.

Timilehin Adejumobi Timilehin Adejumobi

Transnet opens South Africa rail network to Grindrod, Minrail

Transnet opens South Africa’s freight rail network to private operators including Grindrod and Minrail to ease export bottlenecks.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s Transnet gets $352 million French funding for clean ports

South Africa’s state-owned logistics operator Transnet and France, through Agence Française de Développement, have signed a $352 million loan agreement worth about R5.86 billion. The deal is aimed at helping South Africa modernize its ports and freight rail network while reducing emissions across key transport corridors.  The agreement comes as South Africa continues to wrestle with persistent freight rail delays,…

Oluwatosin Alao Oluwatosin Alao

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