DAR ESSALAM, TANZANIA -China plans to spend 1$ billion on modernizing the railway connecting Zambia’s copper belt to Tanzania’s Port of Dar es Salaam.
The railway, built in the 1970s, was funded by the Mao Zedong-led Chinese government as a foreign aid project.
A new proposal presented by China’s ambassador to Zambia revealed that the renovation would be funded through a public-private partnership.
It is expected to provide a transport route for critical minerals, including copper and cobalt used in the production of electric vehicle batteries.
