Financial Close was reached on 25 January – negotiations with lenders to fund its R3.1 billion commitment to the Gautrain project were finalised with Bombela
Country updates
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October 20, 2016
Gauteng has announced that plans are at an advanced stage to acquire 12 new trains for the Gautrain system
Gauteng has announced that plans are at an advanced stage to acquire 12 new trains for the Gautrain system. This is due to passenger demand that is exceeding realistic expectations, particularly during peak hours
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October 04, 2016
Standard Bank, OPIC And Wells Fargo sign $300 million facility to support power and infrastructure projects in Africa
Standard Bank of South Africa (SBSA), the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Wells Fargo Bank have announced a US$300 million fa...
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August 18, 2016
Aveng announces disposal of 4 infrastructure projects
Aveng Limited, a multi- disciplinary construction and engineering group, anchored in South Africa, has announced it has reached an agreement for the disposal of four of its...
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July 22, 2016
Transnet tenders liquid bulk port terminal on PPP
Transnet, the South African rail, port and pipeline company, has launched a Request for Proposal (RFP) for a terminal operator to develop a liquid bulk port terminal on PPP at the port...
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July 07, 2016
Lagos state restructures Lekki concession debt
Lagos State Government, in Nigeria, has begun the process to restructure the Lekki Concession Company (LCC) Loan Facility provided by local and international lenders.
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