TRANSNET, South Africa, has agreed a Rand 2.8bn ($US 230m) 15-year loan with Germany's KfW Development Bank to partially fund the purchase of 240 electric locomotives from Bombardier as part of its record Rand 40bn order for 1064 new locomotives signed in 2014.
IRJ at IHHA 2015, Perth, Australia: TRANSNET says it is close to completing a study on a new heavy-haul railway which would enable landlocked Botswana to export its vast coal reserves through the South African port of Richards Bay.
TWO contracts valued at $US 9bn have been awarded by the Tanzanian government to Chinese civil engineering companies to construct two new standard-gauge railways, one linking the country to Burundi and Rwanda, and the other connecting mines to a port.
Ethiopia is engaging in a highly ambitious railway construction programme as the government attempts to lay the foundations for economic growth. Chinese finance is supporting the majority of the schemes but as Michele Molinari and Noah Gunzinger of Swiss consultancy firm Molinari Rail, reveal, the Weldiya - Awash project is taking a different approach.