Diaspora Infrastructure Development Group

The Diaspora Infrastructure Development Group (DIDG) has approached the High Court challenging the National Railways of Zimbabwe (NRZ)’s decision to terminate the consortium’s US$400 million contract to recapitalise the country’s sole…
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Cabinet has ordered the retendering of the National Railways of Zimbabwe recapitalisation project following the cancellation of the US$400 million deal last month.
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Zimbabwe is cancelling a deal struck with South African logistics group Transnet to recapitalise National Railways of Zimbabwe (NRZ), a government official said on Thursday, blaming the consortium for not providing a viable funding plan.
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The National Railways of Zimbabwe (NRZ) has received a big boost after both Zimbabwe and South Africa cleared all the hurdles which had delayed the injection of US$400 million into the struggling parastatal.
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Government will meet the Transnet/Diaspora Infrastructure Development Group (DIDG) consortium tomorrow in a crunch meeting that is expected to chart the roadmap towards recapitalising the National Railways of Zimbabwe (NRZ).
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The Diaspora Infrastructure Development Group (DIDG), which won the tender to recapitalise the National Railways of Zimbabwe (NRZ) to the tune of $400 million, is broadening its shareholder base to other Zimbabweans in the Diaspora.
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Financial closure for the US$400 million recapitalisation of the National Railways of Zimbabwe (NRZ) is set to be achieved in the near future, at a time when the investors are targeting moving 4 million tonnes of freight by February next…
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The Diaspora Infrastructure Development Group (DIDG) and Transnet of South Africa, who won the US$400 million tender to recapitalise the National Railways of Zimbabwe (NRZ), are pulling all stops to ensure the project bears fruit.
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Serious work to revive the National Railways of Zimbabwe is set to start in the near future amid indications that all outstanding legal issues to the $400 million recapitalisation deal are to be sealed by end of next month.
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South African-based Diaspora Infrastructure Development Group (DIDG) is this year targeting to roll out a US$500 million water infrastructure project for Harare as part of efforts to enhance water delivery for both domestic and industrial…
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