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Tanzania secures $1.2bn from AfDB for Standard Gauge Railway projectThe 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.
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 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 ...
In the last four years alone, the Bank has invested over $2.2 billion in transformative public sector projects.
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 ...
DAR ES SALAAM: TANZANIA and Estonia have expressed a strong commitment to collaborate in the areas of trade and investment, ...
In her supplementary question, Ms Theonest expressed concern over passengers' limited understanding of their entitlements, especially regarding baggage policies on the Standard Gauge Railway ...
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 ...
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