Zambia: China Railway secures $825mln railway modernization contract
Wednesday, 04 March 2020 15:40
Zambia has signed an $825 million deal with China Railway Construction Corp for the modernization of railways in the south of the country, the company said yesterday March 3.
The project will last 8 years and concerns a total of 648.26 km of existing lines, including the Stone-Kafue Bridge (420.67 km), Livingstone-Mulobezi (162.95 km) and Masuku-Choma (64.34 km). No information is given about how the project will be financed.
Let’s note that Zambia’s growing foreign debt is worrying lenders and financial institutions.
Romuald Ngueyap
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Morocco’s Woliz brings digital tools to small neighborhood retailers
17:24
-
EITI urges Liberia to better integrate artisanal mining into sector data
17:22
-
Mauritania shapes power supply growth around gas and renewables
17:01
-
Guinea seeks to revive cotton sector after years of decline
16:35
-
Russian dairy group EkoNiva eyes investment in Algeria’s milk sector
16:21
-
ECCAS commissioner race puts Cameroon at a strategic crossroads
16:09
-
SNH portfolio dividends fall 22.6% in 2023 as Perenco earnings decline
16:05
-
Togo to Harmonize Climate Tools to Enhance Policy Coherence
19:30
-
Togo Seeks Digital Health Mentors For Tech Santé Challenge
16:24
-
Omar Saleh Targets Underbanked Workers With Salary Advance Fintech
14:56
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
EITI says artisanal mining remains absent from Liberia’s official mining statistics Industrial mining generated $121.49 million in revenue in...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar, and wind projects target rising urban power...
Government supplies equipment and inputs to relaunch cotton production State cotton company targets sharp expansion of planted areas from...
EkoNiva held talks with state-owned Giplait on potential dairy farm projects Discussions focus on pilot farms for raw milk production, with no figures...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...