Perspective
23 June 2015
South Africa’s Transnet gets $228 million financing from KfW
Region:
Middle East & Africa
South Africa's state-run logistics and transport company Transnet has secured ZAR2.8 billion ($228 million) financing from Germany’s KfW Development Bank. The funds will be used as part payment on Transnet’s procurement of 240 electric locomotives from Bombardier Transportation.
