The IFC is considering a second round of support for Eramet’s trans-Gabon railway operator
  1. Home
  2. Sectors
  3. Transport & Logistics

The IFC is considering a second round of support for Eramet’s trans-Gabon railway operator

The country’s only rail line, operated by one of the French miner’s subsidiaries, must be updated to accommodate more external users. The second phase of a restoration that represents more than €250 million, is planned for next March. 

Someone shares this article with you
            ▪ The IFC is considering a second round of support for Eramet’s trans-Gabon railway operator


            ▪ The country’s only rail line, operated by one of the French miner’s subsidiaries, must be updated to accommodate more external users. The second phase of a restoration that represents more than €250 million, is planned for next March.


            ▪ https://www.africabusinessplus.com/en/802928/the-ifc-is-considering-a-second-round-of-support-for-eramets-trans-gabon-railway-operator/

10/02/2020 at 17h49, by Africa Business+

The trans-Gabon railway operator (Setrag) – owned by the Ogooué mining company (Comilog) which is a subsidiary of the mining group Eramet – hopes to receive more support for its trans-Gabon rail line. The International Finance Corporation is considering extending €34 million in financing, in addition to the remaining balance of the initial loans from the 2016 co-financing agreement. At the time, the IFC granted a €22.5 million loan and Proparco granted another of up to €44.7 million.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Update my subscription
Contact us

Recommended articles

Mines

20/02/2020 at 17h14, by Gaëlle Arenson, updated 24/10/2022

Oumarou Idani still looking for investors for the Tambao manganese mine

According to our sources in Ouagadougou, the mining project that ended up in the hands of the Burkinabe...

Read

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.