Mozambique government extends Maputo concession
NewsA contract extension of 25 years from 2033, and new investment aim to make Maputo an even stronger competitor to South African ports.
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.
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