Tanzania Secures $1.2 bn Commercial Loan for Tabora‑Kigoma Standard Gauge Railway
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Tanzania obtained a $1.2 billion commercial loan for the Tabora-Kigoma Standard Gauge Railway. A syndicate of nine banks provided the financing facility. This effort was led by the African Development Bank. The funds are for the railway's Lot 6 section.
The African Development Bank led a nine‑bank syndicate to provide a $1.2 billion commercial financing facility for Tanzania’s Lot 6 railway, linking Tabora and Kigoma.