The African Development Bank loan will enable CFM to buy 10 locomotives, 300 wagons, and 120 tank containers. Finance Approval date: 31 January 2024 Project name: Mozambique – Portos e Caminhos de Ferro de Moçambique EP (CFM) Amount: The African Development Bank is making a $40-million corporate loan to the state-owned enterprise Portos e Caminhos … Continue reading AfDB lends $40M to the Mozambique Rail and Port Authority to buy rolling stock for the Ressano Garcia railway line