Zambia’s annual inflation slowed to its lowest level in more than two years as food-price growth slowed.

Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.

Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.