African Business: Railway confusion in East Africa as Dar es Salaam-Kigali rail lines secure funding

According to information received from Dar es Salaam has the Tanzanian government signed a comprehensive financing deal with China’s EXIM Bank, securing the necessary funds to commence construction of this new Central Corridor mega rail project. Once complete will the new Standard Gauge (SGR) line link the port of Dar es Salaam with Kigali, though there are also plans afoot […]

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24 Million passengers a year..Lagos airport set to open in December

Nigeria’s Government has begun measures to give a face-lift to the Murtala Muhammed International Airport (MMA), Lagos with the construction of a multi-billion naira new terminal building and a five-storey office complex with a modern car park facility, which are nearing completion. The new terminal which would be linked to the new old one will facilitate the airlifting of about […]

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Fast-track rail project, East African presidents say

By ELVIS ONDIEKI The three East African presidents of Kenya, Uganda and Rwanda have directed their finance ministers to jointly visit Chinese Exim Bank to finalise the financing of the Mombasa-Kampala-Kigali-Juba railway project. They also directed the ministers to analyse the cheaper option between a diesel powered and an electricity powered railway system. The leaders’ meeting marked the 11th Summit […]

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