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Zimbabwe Agreement Could Signal China’s Return to African Rail

A passenger's hand grips a railing in this file image of one of Zimbabwe's remaining functioning rail lines. Image: Zinyange Auntony / AFP.

TransTech, a subsidiary of China Railway Group, reportedly signed a Memorandum of Understanding with the state-owned National Railways of Zimbabwe (NRZ) that could lead to a recapitalization of the country’s railway network.

Bloomberg reports that the agreement is currently limited to studying the project and producing a feasibility report by the end of June. Finance Minister Mthuli Ncube said: “It is our expectation that in the upcoming Forum for China and Africa taking place around August and September that the deal between the NRZ and China Rail will be announced.”

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