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Newlin Group has secured $305 million in financing to expand logistics and port infrastructure across South Africa
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This investment will strengthen freight corridors and storage capacity by building the Newlyn PX Terminal near the Port of Durban
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The projects aim to reduce logistics bottlenecks that increase costs and disrupt key export industries such as agriculture and mining.
South African logistics and port infrastructure developer Newlin Group has secured a 5 billion rand ($305.1 million) financing package with Absa Corporate and Investment Banking (Absa CIB). The facility will support the company’s pipeline of infrastructure projects across South Africa and fund development along the country’s main logistics corridors.
The agreement builds on the two companies' partnership in developing the Newlyn PX terminal, which is due to open in 2024. The multimodal logistics platform includes a rail link, 640,000 square meters of warehouse space, rail sidings and storage facilities.
The terminal was designed to increase the logistics capacity of the Port of Durban and improve the flow of freight.
The new investment comes as South Africa continues efforts to address bottlenecks affecting its logistics network. In addition to the challenges faced by port and rail infrastructure, the country is also facing a shortage of storage facilities, a vital part of the supply chain for export industries such as mining and citrus.
South Africa's citrus industry is set to lose 5.27 billion rand in 2024 due to logistics inefficiencies, according to official figures. These losses reflect the challenges highlighted in the World Bank report. Transport connectivity for food security in Africa: strengthening supply chains Report, published in May 2025.
According to the report, available storage capacity across Africa can accommodate less than 30% of annual agricultural production, a shortfall that contributes to significant post-harvest losses. Approximately 40% of perishable produce and 20% of other food products are lost each year in African logistics supply chains.
Henok Dosa