The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Standard Chartered arranges US$1.46 bln financing for Tanzania railway project

Contributed by NAMPA / ANA.

Standard Chartered arranges US$1.46 bln financing for Tanzania railway project
ANA Reporter
JOHANNESBURG, February 14 (ANA) - Standard Chartered bank has signed a US$1.46 billion loan facility agreement with Tanzania's government to fund construction of the Standard Gauge Railway project from Dar es Salaam to Makutupora, it said on Friday.
The SGR Rail project, running approximately 550 kilometres, will provide a safe and reliable means to transport people and cargo to and from the existin ...

 

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