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Zimbabwe has signed a $1.3 billion joint venture agreement with British-based Coven Energy to develop a fuel pipeline from the Mozambican port city of Beira to the capital city Harare, the minister of information said on Wednesday.
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Monica Mutsvangwa said the pipeline would compliment the existing one that also links Harare and Beira and make landlocked Zimbabwe a fuel hub for the southern Africa region. "The pipeline will be built over four years at an estimated cost of $1.3 billion.