TransNamib secures funding for new locomotives amid fleet challenges

NAMPA

2026-08-07

WINDHOEK, 07 August 2026 - TransNamib Chief Executive Officer Desmond van Jaarsveld (Photo: Andreas Thomas) NAMPA

WINDHOEK, 07 AUG (NAMPA) - TransNamib has secured funding to procure new locomotives after reaching financial close with the Development Bank of Southern Africa and the Development Bank of Namibia, marking a significant step towards modernising the country's ageing rail fleet.
TransNamib Chief Executive Officer Desmond van Jaarsveld announced the development on Thursday during the public enterprises engagement with President Netumbo Nandi-Ndaitwa...

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