A South African business delegation visited Gabon and Cameroon late in November. In Gabon it participated in an Outward Trade and Investment Mission (OSim), the SA Department of Trade and Industry (the dti) reports.
The CEO of Valotech 228, a South African railway, signalling and track solutions engineering company, Dorothy Mofomme, says she is looking forward to exploring joint venture opportunities with the Setrag railway authority in Gabon.
"Setrag is Gabon's only railway network operator and my objective is to engage with the company to determine how best I can come on board and assist them to overcome their challenges.
"It is common knowledge that most developing African countries are experiencing challenges of having an either ageing or redundant rail infrastructure. I am looking forward to engaging the company in order to conduct a needs assessment that will hopefully develop into a joint venture," Mofomme explains.
The investment mission aims to explore trade and investment opportunities and to increase bilateral trade between South Africa and Gabon.
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