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 to Pilot Electronic Health Claims System in March 2026
19:46
-
Togo’s Faure Gnassingbé Puts Food Sovereignty at Center of National Farm Policy
19:34
-
Emirati Group AD Ports Wins 30-Year Concession at Douala Port
19:29
-
Africa’s Gaming Market Hits $2.3bn, Driven by Mobile Boom (SpielFabrique)
19:21
-
Africa’s Biometric Market: Strategic but Lacking Local Leaders
19:13
-
Egypt unveils AI-powered platform linking startups, investors, and institutions
04:58
-
Tactful AI reimagines customer experience for Egyptian businesses
04:41
-
9jawap offers African alternative to mainstream social networks
04:31
-
Togo showcases organic products at BIOFACH trade fair in Germany
04:24
-
Cameroon Road Fund Gets Only Half of Budgeted CFA60 Billion
20:01
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
Faure Gnassingbé visits agricultural zones in northern Togo Government pushes for greater food sovereignty and self-sufficiency Farmers receive...
AD Ports signs 30-year concession to build dry bulk terminal in Douala €73.4m investment planned for first phase between 2026 and 2028 Project aims to...
Mobile games account for 87% of gaming in Africa, although the share of console and PC gaming is expected to grow as hardware becomes more affordable and...
As African countries accelerate the digitalization of civil registries, elections, and public services, biometrics is becoming a key pillar of state...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...