Tanzania Gauge rail project secures ECA and DFI backing

In:

Infrastructure, Transport

Region:

Middle East & Africa

Tanzania has signed a facility agreement with Standard Chartered for a $1.46 billion ECA-backed term loan to fund construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora.Standard Chartered Tanzania is global coordinator, bookrunner and mandated lead arranger for the...

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