SA Taxi Development Finance Proprietary Limited

In a bid to help develop the nation’s transport system, The African Development Bank (AFDB) and SA Taxi Development Finance Proprietary Limited has signed a loan agreement. The deals which is worth US$100 million will help support the firm growing strategy to empower taxi operators with limited access to finance from traditional financiers. African Development Bank boosts South Africa’s transport sector through a $100 million loan agreement to SA Taxi. The funds will be used…