Public Management

Uganda plans to invest $205 mln to upgrade Kampala-Malaba railway

Uganda plans to invest $205 mln to upgrade Kampala-Malaba railway
Tuesday, 11 June 2019 20:33

Uganda plans to invest $205 million to upgrade an old railway line linking its capital Kampala to Malaba, a town at the border with Kenya. This was revealed by The East African citing one of the national railway company’s executives.

According to Uganda Railways Corporation’s chief financial officer Stanley Sendegeya, the upgraded meter gauge railway line is expected to boost monthly freight capacity to 120,000 metric tonnes from the current 20,000 tonnes by 2026

This decision is reached amid uncertainties of whether Uganda’s joint plan with Kenya and Rwanda, conceived six years ago, to build a standard gauge railway (SGR) that connects East Africa’s landlocked nations to the Kenyan port of Mombasa, will come to fruition.

Recently, this joint project has been experiencing major financial difficulties. In May 2019, Kenyan president Uhuru Kenyatta was refused new funding of $3.6 billion that should normally be used to extend the Kenyan portion of this project Naivasha, Kisumu to Uganda.  

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
IMF approves reviews of Seychelles’ reform programs, unlocking $45 million Total disbursements since 2023 to reach about $105.1...
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.