21 March 2017 North Africa / Tunisia

Tunisia’s SNCFT Secures A $US73 Million Loan For New Rolling Stock

The Moroccan Attijari Bank has signed a TND167 million ($US73 million) loan agreement with the Tunisian Société Nationale des Chemins de Fer Tunisiens (SNCF) for the acquisition of 20 locomotives from American OEM, Electro-Motive Diesel (EMD). The rolling stock procurement project is a part of an extensive programme for the renewal of the railway operator’s fleet to improve SNCFT’s capacity to transport phosphate, among other commodities. The 20 ultra-modern locomotives will support the countr

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