Transnet secures $2.4 billion from China Development Bank

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

South Africa's state-run logistics and transport company Transnet has secured a ZAR30 billion ($2.4 billion) loan agreement with the China Development Bank (CDB). The funds will be used to purchase of 232 diesel and 359 electric locomotives from China North Rail (CNR) and China South Rail (SCR) respectively.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Navigating signal and noise in trade at ITFA in Singapore

Perspective

25 September 2025

Navigating signal and noise in trade at ITFA in Singapore

At ITFA's annual trade finance event, this year in Singapore, TXF's Katharine Morton hears whether trade finance is likely be one of the things that gain from disorder.

Uzbekistan fires energy ambitions with CCGT upgrades

Perspective

03 October 2025

Uzbekistan fires energy ambitions with CCGT upgrades

Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem,...

Must See

20 Minutes With: Preslav Raykov, Eleen Marine

Video

08 August 2025

20 Minutes With: Preslav Raykov, Eleen Marine

TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.

Perspective

25 September 2025

Navigating signal and noise in trade at ITFA in Singapore

At ITFA's annual trade finance event, this year in Singapore, TXF's Katharine Morton hears whether trade finance is likely be one of the things that gain from disorder.

Perspective

03 October 2025

Uzbekistan fires energy ambitions with CCGT upgrades

Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem, but Uzbekistan’s ambitions in hydrogen have helped to offset any concerns over long-term fossil fuel financing.