The South African government has approved a new guarantee facility of 94.8 billion rand ($5.34 billion USD) for Transnet, the state-owned railway and port logistics company facing an unprecedented structural crisis. This new funding, announced on Sunday, July 27, comes in addition to a guarantee of 51 billion rand ($2.87 billion USD) already announced in…...
Trending
- Jeffrey Epstein: The Origins of a Fortune Built on Relationships
- Case law of the UEMOA Court of Justice: after Mali’s legal victory, Ivorian industrialists warn of a new systemic risk
- Senegal: BNDE asserts its rights against TIMA Agrocorp and its guarantors
- Guinea: Mamadi Doumbouya seeking strategic partnerships in Washington
- World Bank: High-level delegation on mission to Senegal to strengthen strategic partnership
- FAA7: “Transparency and dialogue, keys to sustainable PPPs in Africa”, Amadou Thiam
- IFC and AD Ports inject $115 million into Safaga to strengthen Egyptian port hub
- DRC and France strengthen their cooperation around the Inga 3 energy project, estimated at USD 14 billion
South Africa: State comes to the rescue of Transnet with $5.34 billion USD
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com