Business and investment in

Africa

Africa is the 2nd continent on Earth in area with a great amount of natural resources.  There are more than 50 countries with fast growing economies and 1.5 bln population here. Africa today offers big opportunities for business and investment.

New railway will connect Uganda and Tanzania

 

 

Uganda wants to connect a new railway line it is building with a railway under construction in neighboring Tanzania, according to a government document. The African Development Bank can finance this project. The document also mentions the Democratic Republic of the Congo, which may later join the new railway.

 

If the project is implemented, a new route for the export of minerals such as gold, copper and iron ore will appear.

 

Uganda currently ships the bulk of its exports through the Kenyan port of Mombasa.

 

REUTERS