{"id":22181,"date":"2015-12-29T03:51:23","date_gmt":"2015-12-29T03:51:23","guid":{"rendered":"https:\/\/new.igihe.com\/china-to-finance-mali-strategic-railway-overhaul\/"},"modified":"2015-12-29T03:51:01","modified_gmt":"2015-12-29T03:51:01","slug":"china-to-finance-mali-strategic-railway-overhaul","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/china-to-finance-mali-strategic-railway-overhaul\/","title":{"rendered":"China to finance Mali strategic railway overhaul"},"content":{"rendered":"

{China has agreed to finance a much-needed overhaul of the Malian stretch of the key railway line between Bamako and Dakar, the Malian transport ministry said on Monday.}<\/p>\n

The renovation, costing $1.4 billion dollars, comes after China last week said it would also finance the Senegalese part of the line, for over $1.1 billion.<\/p>\n

The Bamako-Dakar line, around 1,300 kilometres (800 miles) long, is vital for trade between Mali and Senegal but has been in bad shape, hampering smooth exchanges.<\/p>\n

The contract between Bamako and state-owned China Railway Construction Corporation International for the 600-kilometre railway stretch running through Mali was signed on Saturday, the ministry said.<\/p>\n

The deal also includes the training of engineers and technicians, an overhaul of 22 train stations and the construction of a domestic railway line.<\/p>\n

The Chinese funds were loaned to Mali at an interest rate of two percent or lower and are to be repaid over 30 years.<\/p>\n

The railway is key to the trade of landlocked Mali, as part of its goods transit through the Senegalese port of Dakar.<\/p>\n

Mali and Senegal revoked a 25-year operating concession awarded to Advens after only 12 years, accusing the French company of neglecting the upkeep of the line.<\/p>\n

\"Malian<\/figure>\n

Source:AFP:[China to finance Mali strategic railway overhaul->http:\/\/news.yahoo.com\/china-finance-mali-strategic-railway-overhaul-183042793–finance.html]<\/p>\n","protected":false},"excerpt":{"rendered":"

{China has agreed to finance a much-needed overhaul of the Malian stretch of the key railway line between Bamako and Dakar, the Malian transport ministry said on Monday.} The renovation, costing $1.4 billion dollars, comes after China last week said it would also finance the Senegalese part of the line, for over $1.1 billion. The […]<\/p>\n","protected":false},"author":3,"featured_media":2000071163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[100],"byline":[228],"hashtag":[],"class_list":["post-22181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-africa","byline-afp"],"bylines":[{"id":228,"name":"AFP","slug":"afp","description":"Agence France-Presse is an international news agency headquartered in Paris. It is the oldest news agency in the world and one of the largest. ","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":71}],"contributors":[{"id":228,"name":"AFP","slug":"afp","description":"Agence France-Presse is an international news agency headquartered in Paris. It is the oldest news agency in the world and one of the largest. ","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":71}],"featured_image":{"id":2000071163,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton22181.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/22181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=22181"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/22181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000071163"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=22181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=22181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=22181"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=22181"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=22181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}