[miningmx.com] – JOHANNESBURG-listed shipping and logistics company, Grindrod, said its new locomotive leasing business would supply companies operating in Africa where infrastructure was poor.
“We see an opportunity in Africa as there has been relatively little investment in infrastructure which will be required to sustain economic growth and service new mining projects,’ Grindrod Rail CEO James Holley told Bloomberg News.
Grindrod would target companies operating in Sierra Leone, the Democratic Republic of Congo, Angola, Namibia and Zambia, said Bloomberg News.
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