- €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.
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