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
Net profit jumps 117% to $183 million, driven by subsidiaries Lower credit risk and controlled costs boost earnings Bank strengthens balance...
Guinea raises mandatory repatriation of mining export revenues to 60–70%, from 50% Government introduces stricter financial controls to boost foreign...
Inflation slowed to 9.7% in February 2026, maintaining single-digit levels since December 2025 The central bank maintained its tight monetary policy...
Kenyan banks lent 326.5 billion shillings to MSMEs in 2025 Lending exceeded 150 billion target, driven by industry initiatives Rising...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
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.