Tuesday, June 19, 2007

Zambia firm secures $250 mln for key rail project

(Reuters) - Zambia's North-Western Railways (NWR) has agreed a $250 million financing package with lenders from Britain, South Africa and United States to build a rail link in a copper mining region, its chairman said on Tuesday.

Enoch Kavindele said NWR would receive funds from investors and lenders in the three countries to construct a railway line that will eventually link Zambia and Angola's Benguela railways.


Read more at Reuters Africa

No comments: