Tanzania and Zambia agreed to cooperate for stronger trade and investment relations to benefit the economies of both countries.
The Tanzania Zambia Railway Authority (TAZARA) recently announced that freight volume increased by +9.4% in Q3 2016 to 29,061t from 26,571t in Q3 2015.
The Tanzania-Zambia Railway Authority (TAZARA) needs about USD250m of investments in the short term and about USD1.2b in the long term.
The Tanzania Zambia Railway Authority (TAZARA) is currently reviewing the TAZARA Act of 1995 to allow private investments and commercialize the railway. The announcement was…