Chinese firms awarded 25-year contract to build and operate one-stop border post linking Mozambique to Zimbabwe

Business Insider Africa Mozambique has granted a 25-year concession to two Chinese firms to build and operate a one-stop border post at Machipanda, which connects Mozambique to Zimbabwe. The public-private partnership gives Chinese companies a 75% stake, Mozambique’s government 15%, and local businesspeople 10%. Construction of the $30 million project is expected to start in […]

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