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.

Zimbabwe and Zambia to build railway

 

 

Zimbabwe's Minister of Transport and Infrastructure Development Felix Mona and his Zambian counterpart Frank Tayali signed a memorandum of understanding on the development of the Lion's Den-Kafue railway line.

 

The 311-kilometer railway will include 16 stations and two marshalling yards.

 

The new route will be significantly shorter than the existing routes: 1,000 km shorter to the ports of South Africa and 500 km shorter to Dar es Salaam, which reduces logistical costs for regional trade.

 

The construction cost of this railway is projected to be 2.18 billion US dollars. It will run along the existing 94 km highway in Zambia and 217 km in Zimbabwe.

 

NEW ZIMBABWE