China Railway Construction Corp has announced in a statement published on November 3, that one of its subsidiaries won a $2.3 billion contract in Zambia to build a railway that will connect Chipata (in the East) to Serenje (in the Centre).
Construction works for the 388km-long infrastructure should last four years. The contract for the project was signed by China Civil Engineering Construction Company (CCECC) and Zambia’s Ministry of Transport.
“This project aims at enhancing regional trade and transport competitiveness by providing an alternative trade route to the East Coast of Africa via the Port of Nacala in Mozambique,” Zambia’s Minister of Transport, Brian Mushimba, said at the related signing ceremony in Lusaka.
According to him, the new railway will also connect Zambia and Malawi through the existing Chipata-Mchinji line.
China’s Ambassador to Zambia, Yang Youming said the project would also help provide access to the sea for various landlocked Southern African nations. “I believe it will be an important part of the integrated southern African transportation system which connects Zambia with Tanzania, the Democratic Republic of Congo, Malawi and Mozambique,” he said.
Walid Khefifi
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
Putin proposes Russia-Egypt grain and energy hub to boost trade Egypt seen as strategic hub for redirected Russian exports Project faces uncertainty...
Djibouti launches École 42 digital training network with international partnership Program offers peer-learning, no degrees, focusing on practical tech...
Failing to anticipate market shifts can be costly for African businesses operating in increasingly competitive and volatile environments. Yet many still...
Project targets reduced errors, better traceability and fairness Initiative part of broader government digital transformation efforts Mauritania is...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...