Tanzania secures Sh156 billion financing deal for railway expansion

Listen to articleTanzania has secured $1.2 billion (Sh155.94 billion) in commercial financing to construct a key section of its Standard Gauge Railway (SGR) in a deal backed by the African Development Bank (AfDB).The financing will fund the construction of the 411-kilometre electrified Tabora–Kigoma railway line, known as Lot 6, linking western Tanzania to the country's wider railway network and the port of Dar es Salaam.