China Signs $1.4 Billion Deal for Mao-Era African-Rail Revival

BloombergMonday, September 29, 2025 at 10:18:56 AM
China Signs $1.4 Billion Deal for Mao-Era African-Rail Revival
China has signed a significant $1.4 billion deal with Zambia and Tanzania to revitalize a crucial railway that connects the central African copperbelt to an Indian Ocean port. This project is important as it aims to enhance trade and transportation in the region, potentially boosting economic growth and improving infrastructure.
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