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Diaspora Infrastructure Development Group

NRZ $400m deal cancelled

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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Crunch meeting to decide NRZ deal

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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NRZ financial closure nears

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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NRZ knuckles down to business

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 NRZ begins

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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Harare water crying for investor

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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