Standard Chartered arranges $2.2 billion loan for Tanzania rail project

9 articles · Updated · Bloomberg · Apr 24

The loan, involving export credit agencies and development finance institutions, will be signed on April 28 in Dodoma, according to Turkish contractor Yapi Merkezi.
Funding will support construction of the third and fourth segments of Tanzania’s 1,219-kilometer railway, spanning Makutupora, Tabora, and Isaka.
This financing marks a significant step in Tanzania’s efforts to expand its rail infrastructure, aiming to enhance regional connectivity and economic development.

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