Search

China to Rehabilitate Tanzania-Zambia Railway in $1 Billion Deal

Allen dreyfus Logo
© Allen Dreyfus
  •  China signs agreement with Tanzania and Zambia to modernise a key railway link, boosting East Africa’s transport network
  • Move intensifies competition with the West for control of Africa’s critical minerals supply routes

China signed a memorandum of understanding with Tanzania and Zambia for the $1 billion rehabilitation of the railway connecting the two countries. The agreement was signed by Chinese President Xi Jinping, Tanzania’s President Samia Hassan, and Zambia’s President Hakainde Hichilema during a ceremony in Beijing on September 4, as part of the 5th summit of the Forum on China-Africa Cooperation.

Recent Business

A bustling outdoor market in Africa with people engaged in trade and colorful textiles. Photo by Mad Knoxx Deluxe @ Pexels.
Rates hike in Botswana: why the real economic problem isn't inflation
Read More »
Reserve Bank Governor Lesetja Kganyago. Photo @ Facebook/Reserve Bank of SA
South Africa’s reform gains face global debt storm and escalating Middle East conflict
Read More »
Safaricom Ethiopia making waves. Photo @ Safaricom Ethiopia/Facebook
How Safaricom is turning Ethiopia into Africa’s next telecom power centre
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Could Uganda’s sovereignty law become Africa’s next democratic flashpoint?
Read More »
The Prime Minister of India, Shri Narendra Modi visiting Sri Venkateswara Swamy Temple. Photo @ Wikimedia Commons
India’s Horn of Africa strategy has shifted: what it’s trying to do and how it could work
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »

Latest Posts

Latest news insights