Mozambique to invest $200 mln to rebuild a railway link to Zimbabwe
Tuesday, 07 May 2019 15:28
Mozambique wants to invest $200 million to rebuild a railway link to Zimbabwe, Macauhub announced this week quoting official sources.
The new investment is to be made by the Caminhos de Ferro de Moçambique (CFM).
It will help rebuild Machipanda railway linking Beira port (Mozambique) to Zimbabwe, after the havoc wrecked by Cyclone Idai in March 2019. This will improve services provided and ensure the transport of goods to other countries such as Zimbabwe that has no seafront.
Let’s note that no detail has been provided as far as the funding sources are concerned. In 2018, the CFM also announced that it would invest $200 million to modernize the country’s rail network in the following three years.
Moutiou Adjibi Nourou
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
China-Africa trade in 2026: cooperation, but not on equal terms
18:03
-
West Africa Pushes Telecom Integration With Free Roaming Rollout
17:12
-
Senegal Tests Digital Government Reform in Mbour Pilot Project
17:06
-
Benin, Portugal Sign Multiple Agreements During Paulo Rangel Visit
16:43
-
National AI Program Positions Algeria for Digital Growth
16:43
-
Cameroon Lines Up CFA18.4 bln Investment Pipeline at Latin America Forum
16:38
-
Togo inaugurates second farm mechanization center, plans wider rollout
16:30
-
Riches Attai Builds Agritech Platform to Streamline Food Supply Chains in Africa
15:20
-
Togo Inaugurates New University Campus Infrastructure in Kara
15:18
-
CEMAC Drafts Unified Mining Code to Tighten Governance and Attract Investment
15:05
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Mobile phones have become essential tools for work, education, payments and staying connected across...
By Idriss Linge, Editorial Director The prevailing narrative can be summed up in one sentence: pressured by Donald Trump’s tariff policy and...
Senegal, Togo and Benin have launched free roaming between their mobile networks. Users can now receive calls at no extra cost while traveling...
Senegal has launched a pilot phase of its public administration digitalization project (PRODAP) in Mbour. Germany finances the €29 million...
Benin and Portugal signed several bilateral agreements during Portuguese Foreign Minister Paulo Rangel’s visit to Cotonou. The deals cover visa...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...