Friday
October 3
2025

China Strikes $1.4 Billion Deal With Zambia, Tanzania for Railway Upgrade

By Adekunle Agbetiloye

China, Zambia and Tanzania have struck a $1.4 billion deal to modernise the ageing Tanzania–Zambia Railway, a lifeline for moving copper out of southern Africa. Zambia’s government announced the agreement on Monday.

Photo courtesy of Tama66.

Source: Business Insider Africa (link opens in a new window)

Categories
Investing, Transportation
Tags
business development, infrastructure, mining