Tanzania's SGR connecting with Burundi, DR Congo gets Sh230 billion AfDB funding
Tanzania, Feb. 23 -- Dar es Salaam. Tanzanian government has, on Friday 23 February, 2024, signed a Sh231.3 billion ($91.76 million) financing agreement with the African Development Bank (AfDB) to start the construction of a modern railway that seeks to connect it with the neighbouring countries, Burundi and Democratic Republic of Congo (DRC).
The project is part of the Standard Gauge Railway (SGR) which stretches from the port of Dar es Salaam to connect Tanzania with the neighbouring countries through the central corridor of transportation.
The concessional loan targets to finance construction of sections six and seven of the modern railway, from Tabora to Kigoma and from Uvinza to Malagarasi.
Also read: Tanzania, Burundi sign multim...
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