Ethiopia has signed two deals worth US$3.2 billion with Chinese and Turkish companies to construct a railway to link the land-locked Horn of Africa nation to Djibouti’s Tadjourah port in order to export potash. Reuters reports that Ethiopia,...
Speaking on the sidelines of an American Chamber of Commerce event, Logistics group Transnet’s CEO Brian Molefe announced that the group plans to issue a foreign currency bond of at least $500m (R4.1Bl) this financial year to help fund its...
South Africa is exploring the possibility of the cooperation with China on developing the Johannesburg-Durban high-speed railway, the newspaper Business Day reported on Thursday. “The discussion of the technological cooperation with China on...
GE Transportation a subsidiary of GE (NYSE) and one of the world’s leading suppliers to the railroad, transit, and mining industries, providing freight and passenger locomotives today announced that the most recent locomotive was delivered with...
