UPDATE 1-Standard Chartered arranges $2.33 billion of funding for Tanzania railway
Published on: April 28, 2026, 8:26 p.m. | Source: Devdiscourse
Funding was secured from export credit agencies, commercial banks and development finance institutions, it added. "The construction and modernisation of the Standard Gauge Railway will connect the port of Dar es Salaam to key growth corridors in western Tanzania and neighbouring states, providing a reliable mode of transportation for people and cargo," the bank said.
