The African Development Bank (AfDB) has signed a coordination agreement with Deutsche Bank and Société Générale to raise up to $1.2bn for the Standard Gauge Railway (SGR) project in Tanzania.

This new 282km (175-mile) standard gauge railway (SGR) aims to transport three million metric tonnes of minerals annually with a primary focus on bolstering trade between Tanzania and Burundi.

The President of Mozambique, Daniel Chapo, expressed enthusiasm for the modern electric train line in Dar es Salaam, Tanzania ...

In total, Tanzania plans to spend $14.2 billion (Sh1.4 trillion) over the next five years to build 2,561 kilometres of what would be the longest standard gauge railway network built by a single ...

The other countries on board include Uganda, DRC, Rwanda, Southern Sudan, Northern Tanzania and Ethiopia. The Mombasa-Nairobi-Malaba standard gauge railway, with a branch to Kusumu, is a section ...

In the last four years alone, the Bank has invested over $2.2 billion in transformative public sector projects.

DAR ES SALAAM: TANZANIA and Estonia have expressed a strong commitment to collaborate in the areas of trade and investment, ...

2024 Tanzania launches $3.1 billion railway in drive to boost infrastructure Tanzania on Thursday launched a 541-km modern standard gauge railway running between its administrative and commercial ...

The President of Mozambique, Daniel Chapo, expressed enthusiasm for the modern electric train line in Dar es Salaam, Tanzania, on Thursday, considering it an inspiring example for the countries of ...