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Proparco loans $10 million to SA Taxi, the primary supporter of South Africa’s minibus taxi owners

Minibus-taxis en Afrique du Sud
Proparco has granted a US$10 million (ZAR 124 million) loan in local currency to SA Taxi Development Finance Proprietary Limited (‘SA Taxi”), a subsidiary of JSE listed Transaction Capital Limited and one of South Africa’s leading provider of SME minibus taxi financing. This loan is intended to help the company sustain its growth and continue to put new and safer vehicles on the road to service the millions of commuters who use minibus transport every day.
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