Burundi and Tanzania revealed plan to raise $1.9 billion to build a railway linking the two countries.
Dieudonné Dukundane, Executive Secretary of the Central Corridor Transit Transport Facilitation Agency (CCTTFA), said the infrastructure is a 190 km line that will link the Burundian city of Musongati to that of Isaka in Tanzania. The objective for the Burundian authorities is to facilitate the opening up of the country, while boosting mining exports via Tanzania which has several ports, epecially in Isaka.
Betting on nickel, one of its main mining products, Burundi wants to improve mining exports by 47% by 2027.
“Now is the time to start fund-raising,” Dieudonné Dukundane said, according to comment relayed by Bloomberg. The railroad is part of a railway network that will enhance trade between Tanzania and its neighbors, particularly Rwanda and the DRC.
The Executive Secretary of CCTTFA says the other member countries of the Central Corridor should prepare to begin without delay, the construction of railway lines that will connect them to Tanzania. He believes it is an opportunity to boost the region’s competitiveness.
As a reminder, the Agency was created on September 2nd, 2006 and includes Tanzania, Rwanda, Burundi, Uganda and the DRC. Its mission is to ensure the implementation of the provisions of the Central Corridor Treaty aimed at facilitating traffic transiting through the port of Dar es Salaam to the landlocked countries of East Africa.
Moutiou Adjibi Nourou
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Circular migration is based on structured, value-added mobility between countries of origin and host...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
Rice consumption surges in Côte d’Ivoire, driven by urbanization and dietary shifts Domestic output rises but fails to meet nearly 3 million-ton...
Panoro plans three-well initial development pending investment approval Project builds on active Dussafu Marin block, producing about 30,500 bpd The...
Egypt repays about $5 billion in foreign oil and gas arrears Government aims to cut remaining arrears to $1.2 billion by 2026 Payments...
Africa CDC has ended mpox’s continental emergency status, moving toward a longer-term, country-led response. Ethiopia is nearing the threshold for...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...