Tag: Rail infrastructure

Signing ceremony of DBSA funding at Washington D.C
BusinessHot News

DBSA backs $200 million Lobito Corridor loan to boost regional integration

Lobito Corridor set for upgrade with $200 million DBSA investment.

Timilehin Adejumobi Timilehin Adejumobi
Zambia and Tanzania deal with China to modernize the TAZARA railway
BusinessTourism

Zambia-Tanzania rail gets $1.4 billion boost for expansion

At a Glance The Tanzania-Zambia Railway Authority (TAZARA) has been a symbol of regional solidarity for almost 50 years. Zambia, Tanzania and China have signed a $1.4 billion agreement to overhaul and expand the 1,860-kilometer railway line, marking one of the largest infrastructure investments in sub-Saharan Africa in recent years.  The deal, announced by Zambia’s Ministry of Transport and Logistics,…

Oluwatosin Alao Oluwatosin Alao