JOHANNESBURG - Transnet has secured a major funding boost.
The logistics company has signed a R5.8 billion rand loan agreement with France to support its shift toward greener operations.
The funding will help modernise rail and port infrastructure while cutting carbon emissions across the freight sector.
The programme includes rail upgrades, renewable energy procurement, and plans to diversify into green hydrogen and transition minerals.
The loan forms part of South Africa’s Just Energy Transition plan, with Transnet aiming to improve efficiency, boost competitiveness, and build long-term climate resilience.