- €300mn sustainability loan tied to emissions and rail targets
- EU adds €7m grant for Transnet’s green hydrogen push
JOHANNESBURG, SOUTH AFRICA – State-owned logistics operator Transnet has secured a €300 million ($348mn) sustainability-linked loan from France’s development agency to drive rail revival, port modernisation and emissions cuts.
South Africa’s state-owned logistics group Transnet said the facility from the French Development Agency (AFD) will accelerate its transition towards net-zero emissions while supporting long-delayed infrastructure upgrades across rail, ports and pipelines.
This article is free to read.
Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.
Create your free account or sign in
