Transnet and Germany’s KfW Development Bank on Monday signed a R2.8 billion loan to fund part of its locomotives acquisition programme. Transnet will use the proceeds of the loan to fund the acquisition of 240 electric locomotives it will build...
South Africa’s rail network is the most developed on the continent. The Money Show’s Bruce Whitfield talks to Teddy Daka, CEO of Ansys, about the network in general and the possibility of a high-speed train link between Johannesburg and...
Zambia’s Northwest Rail said on Friday it has secured $500 million for the first phase of a railway linking Zambia’s copper belt to the Angolan border, in a project that aims to extend the line to Angola’s coast. South...
President of Djibouti, Ismaïl Omar Guelleh, and his Ethiopian counterpart, Mulatu Teshome, were present as the last stretch of railway line linking the two countries was laid last week. The completed line should speed up trade between the two...
