Transport & Logistics

IFC and CDP support expansion of Italian automotive supplier in South Africa

phoca thumb l steel 2013 92World Bank Group member IFC and Italy’s national promotional institution Cassa Depositi e Prestiti (CDP) have announced a loan of US$151mn to Coils Lamiere Nastri Spa (CLN), Italian automotive parts manufacturer

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Alstom present at the Tangier-Casablanca high-speed line’s inauguration in Morocco

train 16Alstom has participated in the inauguration of the Tangier-Casablanca high-speed line with its high-speed trains supplied and delivered to the Office National des Chemins de Fer Marocain (ONCF)

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DP World Kigali’s logistics platform

chuttersnap 458795 unsplashDP World and the government of Rwanda have established a logistics hub located 20 km from the capital, Kigali, near the international airport

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South Africa’s transit sector secures more than US$100 million AfDB loans

Africa transportThe African Development Bank (AfDB) has approved more than US$100mn in loans to SA Taxi Development Finance Limited, a wholly owned subsidiary of SA Taxi Finance Holdings Proprietary Limited, to provide a comprehensive financial services offering to minibus taxi operators

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Impact of electric vehicles in oil and gas industry

evs 26As charging technology for electric vehicles (EVs) gradually takes reins from the internal combustion engine as the king of the road in the rapidly evolving energy landscape, oil and gas companies are acknowledging the rise of EVs, observes leading data and analytics company GlobalData

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