TANZANIA, KENYA AND UGANDA ARE REVAMPING THEIR OLD RAILWAYS

TANZANIA, KENYA AND UGANDA ARE REVAMPING THEIR OLD RAILWAYS

Why are they going back to their old railways after their agreement and ambitious plans for East Africa’s Standard Gauge Railway network.

In August 2013 the Presidents of Kenya, Rwanda and Uganda signed a Tripartite Agreement; for the development and operation of a 1,500km-long joint Standard Gauge Rail (SGR) system; …

Read More

NIGERIA GOVT. REQUEST FRESH LOAN FROM CHINA EXIM BANK

NIGERIA GOVT. REQUEST FRESH LOAN FROM CHINA EXIM BANK

Chibuike Rotimi Amaechi say nigeria to request fresh loan form china exim bank

Nigeria has requested a loan from China Exim Bank for the construction of a coastal line. The fund which is worth US$ 1.8billion will help the completion of the project according to Minister of Transportation.

The actual …

Read More