Time for rail industry to fast-track Africa’s development
Across the developed world, industries and entire economies rely on rail to move vast volumes of goods efficiently and cost-effectively. In recent years, we’ve seen significant investment in Africa’s rail infrastructure in an effort to tap into rail’s ability to...
Investing in Rail – Unlocking Africa’s Potential
For rail operators, annuity type income flows are the sweet spot of the business. As we like to say in the industry, it’s the fleet in the field that earns the return. So why, then, would Traxtion Sheltam invest in a new 50 000 sq m property in Rosslyn, north of...
South African Rail Operator Rebrands, Expands Offering
Following the investment by the Pan-African Infrastructure Development Fund 2 (PAIDF2), managed by pan-African fund manager Harith General Partners, in South African locomotive and rail operator Sheltam Group in June, the company has launched several initiatives to...
Traxtion Group targets African rail market
AFRICA: The Sheltam group has been rebranded as Traxtion Group, following a 30% investment from Harith General Partners’ Pan African Infrastructure Development Fund 2. Traxtion Group aims to partner with locomotive and wagon manufacturers, track construction...