China, Tanzania, and Zambia sign $1bn deal to upgrade Tanzania-Zambia railway for copper exports.

China, Tanzania, and Zambia have signed a significant agreement to upgrade the Tanzania-Zambia railway, crucial for copper exports from Zambia to Tanzania's port. The $1 billion project was announced at the Forum on China-Africa Cooperation and is the first major upgrade since the 1970s. The World Bank is also contributing $270 million to enhance connectivity, aiming to boost regional trade and offer an alternative to South African logistics issues.

September 04, 2024
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