Mozambique seeks rail funding

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State-owned transport utility Portos e Caminhos de Ferro de Moçambique (CFM) has announced plans to raise US$2.3B to fund its share of new coal industry rail and port infrastructure. Some of the funds will be used to finance improvements to the Sena coal line, plus the rebuilding of two bridges on the Ressano Garcia line between South Africa and the Port of Maputo. The latter carries South African coal to Grindrod’s Matola Coal Terminal. An unspecified sum will also be used to complete another c

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