Botswana, Zimbabwe, Mozambique Sign Rail & Port Project Deal

Botswana, a landlocked country with the third-largest coal reserves in Africa, is exploring a potential new export route.

The nation has signed an agreement with Zimbabwe and Mozambique to develop an extensive rail and port project, although financing for the planned infrastructure is not yet secured.

The project includes upgrading existing rail lines and constructing new connections. Additionally, it involves building a new $1.5 billion deepwater port at Technobanine, located south of Mozambique’s capital, Maputo. This port could also serve as an export route for South Africa and Eswatini.

On Friday, Mozambican President Filipe Nyusi stated that the new port's construction would benefit landlocked countries in the southern African interior and help alleviate congestion at South Africa's ports of Durban and Richards Bay.