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Gabon rail network to get €52.5m boost from IFC

The International Finance Corporation (IFC) is providing €52.5-million of debt financing to boost the capacity and improve the efficiency of Gabon’s rail network and improve the Central African country’s trade and transport links. The financing was awarded to Société d’Exploitation du Transgabonais (Setrag), the concessionaire of the 650 km Transgabonais rail line between Franceville and Libreville.