AfDB approves 25-year, $1 billion loan to boost South Africa’s rail and port sectors

The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan to Transnet, South Africa's state-owned freight and logistics company, to support its recovery and growth, focusing on the rail and port sectors.The post AfDB approves 25-year, $1 billion loan to boost South Africa’s rail and port sectors appeared first on Nairametrics.

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