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Tanzania signs $1.2B facility for new section of SGR

Only one outlet has reported this so far: treat it as unconfirmed.

📍 Tanzania, TZ·🕐 2d ago·1 outlet

Tanzania has secured $1.2 billion (Ksh155b) commercial financing facility for the construction of Lot 6 Standard Gauge Railway from Tabora to Kigoma. The financing was secured though the African Development Bank (AfDB) which provided $800 million under the Partial Credit Guarantee (PCG), and the balance being raised from other financiers. “By combining development finance, commercial…

⚠ A state-run outlet: it may reflect official government positions.

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