Tag: Standard Gauge Railway

$650 million AfDB boost puts Uganda Rail project back on track
BusinessGlobal News

$650 million AfDB boost puts Uganda Rail project back on track

AfDB backs Uganda’s $650 million railway project, reviving Malaba-Kampala SGR to boost trade and regional connectivity.

Oluwatosin Alao Oluwatosin Alao
Uganda's Standard Gauge Railway (SGR)
BusinessHot News

Uganda eyes first Sukuk to fund $3.2 billion railway expansion

Uganda plans its first sovereign sukuk to fund a $3.2 billion railway linking Kampala to Mombasa, boosting East African trade.

Timilehin Adejumobi Timilehin Adejumobi
Citibank
BusinessHot News

Uganda taps Citibank to raise $3.2 billion for major railway expansion

Uganda taps Citibank for a $3.2 billion railway, reviving SGR and strengthening the East Africa trade corridor to Mombasa port.

Timilehin Adejumobi Timilehin Adejumobi
Modern railway tracks stretching across green countryside under blue sky in East Africa
BusinessTechnology

Uganda eyes Tanzania rail link to boost East Africa trade

Uganda is stepping up efforts to strengthen its position in East Africa’s trade network, with plans to link its Standard Gauge Railway to Tanzania’s rail system. The proposal could give the landlocked country a second route to the Indian Ocean and ease pressure on existing export corridors.  Details outlined in a government document show Kampala is studying how the new…

Oluwatosin Alao Oluwatosin Alao