Transnet obtains US$1bn loan to stabilise South African rail network

By Railway Gazette International2024-07-22T11:00:00

SOUTH AFRICA: The African Development Bank has approved a US$1bn corporate loan to support national rail, port and logistics company Transnet’s business recovery plan, and is considering two targeted grants.

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Transnet obtains US$1bn loan to stabilise South African rail network

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