Southern Africa
Mozambique Gets AfDB Loan For Rolling Stock
CFM gets US$40 million corporate loan.
The African Development Bank (AfDB) has approved a US$40 million corporate loan to Mozambique’s rail and port authority Portos e Caminhos de Ferro de Moçambique (CFM).The funds will be used to purchase rolling stock for the 88km Ressano Garcia railway line, which runs between the port of Maputo and the
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