Tag: Regional trade

The Lobito Corridor project is moving from planning into full implementation
BusinessTechnology

Lobito Corridor advances into crucial execution phase

The Lobito Corridor project is moving from planning into full implementation, marking a key step for one of Africa’s most closely watched regional infrastructure efforts. Governments and development partners are shifting focus toward delivery, with a clearer push to align funding, timelines and technical standards.  Angola, Zambia and the Democratic Republic of the Congo are working alongside the World Bank,…

Oluwatosin Alao Oluwatosin Alao
Upgrade supports Zambia’s copper exports and regional trade with Tanzania
BusinessTourism

Zambia secures China deal to rebuild crucial TAZARA railway

At a Glance Zambia has taken a significant step to revive one of Africa’s most important transport corridors, securing a $1.4 billion agreement with China to modernize the ageing TAZARA railway. The deal marks one of the country’s largest infrastructure commitments since emerging from a prolonged debt crisis. It also strengthens a route that remains critical for copper shipments, fuel…

Oluwatosin Alao Oluwatosin Alao
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