Tag - AfDB to support Mozambique rail project with $300m

AfDB to support Mozambique rail project with $300m

The African Development Bank (AfDB) is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructureproject − the $5-billion Nacala corridor rail and port project, supporting the project with $300-million from its private sector window. After years of financial structuring, a signing ceremony presided over by the Mozambican...

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