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
-
Libya Tests Long-Stalled Pipeline to Cut Flaring and Ease Supply Constraints
20:18
-
Cameroon’s LNG Revenue Falls Despite Stable Export Volumes
20:08
-
Cameroon Plans CFA17 Billion Palm Oil Investment to Cut Import Dependence
20:05
-
Togo’s international film festival opens in Lomé, showcasing 33 films
19:45
-
Togo rolls out Second phase of Sahel resilience programme to tackle food insecurity
19:35
-
Afriland First Bank Partners PROMOTE 2026 to Expand SME Access and Visibility
19:20
-
Côte d’Ivoire Secures $186.4 Million Global Fund Support for HIV, TB and Malaria
19:16
-
Cameroon’s Renaprov misses IPO target on BVMAC, opens second subscription window
19:06
-
Africa agrochemicals market set to reach $15B by 2031, driven by climate change and rising food demand
18:56
-
Agoè-Nyivé 5 Opens Second Ordinary Municipal Session
16:29
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Libya tests 130 km pipeline to reduce gas flaring Project to recover 150 million cubic feet daily Move aims to ease bottlenecks, improve gas network...
Côte d’Ivoire to receive €157.9 million Global Fund support Funds target HIV, tuberculosis, malaria programs for 2027–2029 Country...
Africa agrochemicals market to reach $15.08 billion by 2031 Growth driven by pests, food demand, government subsidies Fertilizers...
Montage Gold secures five exploration permits in northern Mauritania Move supports efforts to reduce reliance on Tasiast mine $2 million...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...