Some $1 billion of CCECC's investment will go towards the rehabilitation of the TAZARA's rail tracks, while the balance will be used to purchase 32 new locomotives and 762 new wagons to boost ...

The Tanzania-Zambia Railway Authority (TAZARA) is set to receive an investment of more than $1.4bn from the China Civil Engineering Construction Corporation (CCECC) for the revitalisation of its ...

NAIROBI (Reuters) -The China Civil Engineering Construction Corporation (CCECC) will invest $1.4 billion to upgrade the Tanzania-Zambia railway, the line's operator said on Thursday, improving a ...

The CCECC investment in TAZARA is a significant boost to China’s lending to Africa, which hit a 20-year low in 2022 after peaking at $28.4 billion in 2016. The country, which bankrolled more ...