France Provides €300 Million Loan for South Africa Freight Decarbonization
travelandtourworld.comSouth Africa is utilizing a €300 million loan from France to modernize its rail and port infrastructure. The program focuses on shifting freight from high-emission road transport to lower-carbon rail systems, including the rehabilitation of 550 kilometers of track. This initiative is part of the Just Energy Transition Investment Plan (JET-IP). Beyond rail, the funding supports renewable energy procurement for transport operations and prepares logistics for green hydrogen and transition minerals.
