AfDB agrees loan deal with CFM


The African Development Bank (AfDB) is to lend Portos e Caminhos de Ferro de Moçambique EP (The Mozambique Rail and Port Authority – CFM) US$40M and act as a facilitator with other lenders to secure a further US$30M.

The loan will help CFM expand its carrying capacity and improve the reliability of its services on the Ressano Garcia railway line © CFM_locomotive_rt.jpg

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