The switch from Beitbridge to the route via Botswana has exposed glaring infrastructural issues.
The corridor is designed to facilitate the export of copper and agricultural products through Angola.
PPP disconnects is one of the issues highlighted by the IMD’s report.
The funds will support critical structural reforms to enhance the efficiency of infrastructure services.
Fuel reliability at OR Tambo International Airport will be improved with a new 20-inch jet fuel line and redundancy system.
John Rammutla of WSP points out that even the best-laid plans can fail without funding.
The initiative is part of a plan to revitalise infrastructure and boost coastal economic activity.
The industry holds potential for at least US$300 billion in global exports over the next three decades.
The bank’s programme seeks to enhance energy security and enhance freight transport.
From Ecuador to England and Senegal to India the company is growing its global logistics network through infrastructure investment.
Dust pollution from the Namib Desert became a threat to Walvis Bay Salt.