China has signed a $1.4 billion deal with Zambia and Tanzania to modernize the Tanzania-Zambia Railway Authority (TAZARA) railway. This initiative aims to increase freight volumes from the current 100,000 tons to 2.4 million tons annually.
The agreement was finalized as part of ongoing efforts to enhance transportation infrastructure in the region. The TAZARA railway, which has been in operation for over 50 years, is a critical link for trade between the two countries.
This development follows a series of infrastructure investments in Africa by China, reflecting its commitment to strengthening economic ties with the continent. For more on international infrastructure developments, see our related coverage.
The modernization project is expected to facilitate increased trade and improve economic prospects for both Zambia and Tanzania.
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