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$150m loan funds new trains for Mauritania's iron ore giant

Financing for new locomotives and wagons part of a $467m drive to double SNIM's logistics capacity

James Stent
View from inside an SNIM locomotive

View from inside an SNIM locomotive | Credits: AfDB

The African Development Bank (AfDB) has agreed a $150 million loan with Mauritania's state iron ore miner Société Nationale Industrielle et Minière (SNIM) to fund an expansion of its railway capacity,...

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