The African Export-Import Bank (Afreximbank) and Thelo DB on Tuesday signed a Memorandum of Understanding at the Africa Investment Forum in Johannesburg. The agreement will give both parties an opportunity to develop, finance and operate railway projects across Africa.
Thelo and Afreximbank have agreed to collaborate to modernise the continent’s railways, thereby promoting trade, investment, and economic and skills development. Both see the urgent need for efficient and effective transportation and logistics on the continent, particularly in the freight railway sector. […]
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