Grant - Transnet SOC Ltd

Grant - Transnet SOC Ltd

Investment Firm

Overview

Transnet operates as an integrated freight transport company that aims ensure a globally competitive freight system.

Announced Date

Jul 18, 2024

Funding Type

Grant

Highlights

Location

Johannesburg, NA - South Africa, South Africa, Africa

Social

Investor Lead

N/A

Participant Investors

1

Investor Name
Participant InvestorThe Sustainable Energy Fund for Africa

Round Details and Background

Transnet SOC Ltd raised $1750000 on 2024-07-18 in Grant

Transnet operates as an integrated freight transport company that aims ensure a globally competitive freight system.

Company Funding History

3

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
Jul 12, 2022
Debt Financing - Transnet SOC Ltd
1-1497.8M
Jul 18, 2024
Debt Financing - Transnet SOC Ltd
1-1032.9M
Jul 18, 2024
Grant - Transnet SOC Ltd
2-1.8M

Recent Activity

News

Jul 23, 2024

BusinessGhana - South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for...

News

Jul 19, 2024

Nairametrics - AfDB approves 25-year, $1 billion loan to boost South Africa’s rail and port sectors

News

Jul 18, 2024

allAfrica.com - African Development Bank Approves ZAR 18.85 Billion ($1 Billion) Corporate Loan for Transnet's Business Recovery Plan

News

Jul 18, 2024

africa-newsroom.com - South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan

News

Jul 18, 2024

African Development Bank Group - South Africa: African Development Bank approves ZAR 18.85 billion ($1 billion) corporate loan for Transnet’s business recovery plan