Zambia: China Boosts Tazara Operations

CHINA has injected US$66.2 million (K344 billion) in Tanzania-Zambia Railway Authority (TAZARA) to rehabilitate infrastructure and revamp operations.

The money would be given in form of a grant amounting to $23.5 million (K123 billion) for the rehabilitation of the railway line and related infrastructure while $42.6 million (K223 billion) would be an interest-free loan to revive the operations.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.