Sunday, November 30, 2025
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home Business

Tanzania, Burundi Ink $2.15 Billion Railway Deal with Chinese Firms

Kehinde Giwa by Kehinde Giwa
January 30, 2025
in Business
0
Tanzania, Burundi Ink $2.15 Billion Railway Deal with Chinese Firms
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Tanzania and Burundi have signed a landmark agreement with two Chinese companies to build a 282-kilometer railway connecting the two African nations.

The $2.15 billion joint venture, financed by the African Development Bank, aims to transport metals, including battery mineral nickel, to the port city of Dar es Salaam.

Related posts

Nigeria’s Crude Oil Production Hits Seven-Month Low

Nigeria’s Crude Oil Production Hits Seven-Month Low

November 29, 2025
Ghana Central Bank Cuts Interest Rate to 18% Amid Falling Inflation

Ghana Central Bank Cuts Interest Rate to 18% Amid Falling Inflation

November 26, 2025

The railway line, expected to transport three million metric tons of minerals annually, will be constructed by China Railway Engineering Group Ltd and China Railway Engineering Design and Consulting Group.

This project is part of China’s Belt and Road Initiative, which has funded numerous infrastructure projects across Africa over the last decade.

The signing ceremony was attended by Tanzania’s transport minister, Makame Mbarawa, and finance minister, Mwigulu Nchemba.

The project is expected to boost economic ties between Tanzania and Burundi, while also increasing exports in the East African region.

Previous Post

Nigeria: PDP BoT Sets Up Committee to Resolve National Secretary Dispute

Next Post

Ramaphosa Warns Rwanda that Shooting at South African Troops is a Declaration of War

Next Post
Ramaphosa Warns Rwanda that Shooting at South African Troops is a Declaration of War

Ramaphosa Warns Rwanda that Shooting at South African Troops is a Declaration of War

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

USA Defeats Nigeria’s Flamingos 2-0 in FIFA U17 Women’s World Cup Quarterfinals

USA Defeats Nigeria’s Flamingos 2-0 in FIFA U17 Women’s World Cup Quarterfinals

1 year ago
Armed Clashes Halt Libya’s Zawiya Refinery Operations, Trigger State of Emergency

Armed Clashes Halt Libya’s Zawiya Refinery Operations, Trigger State of Emergency

12 months ago
Nigeria: Gov Soludo Swears-in Newly Elected 21 LG Chairmen

Nigeria: Gov Soludo Swears-in Newly Elected 21 LG Chairmen

1 year ago
President Ramaphosa Invites Trump for State Visit Amid G20 Presidency Transition

President Ramaphosa Invites Trump for State Visit Amid G20 Presidency Transition

12 months ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Nigeria Nominates Olufemi Elias as Candidate For World Court

    0 shares
    Share 0 Tweet 0
  • BREAKING: (VIDEO) INEC Declares APC’s Okpebholo Winner of Edo Governorship Election

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.