News
31 October 2024

Namibia delays funding for rail projects

In:
Infrastructure
Region:
Middle East & Africa

Namibia has moved funding allocated for railways in its 2024 budget to other projects. NAD2.1 billion ($119 million) will be reallocated due to low execution rates on capital projects. For the 2024/25 financial year, the government initially allocated NAD2.5 billion towards railway...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...