ReferIndia News Uganda Seeks Funding for Ambitious Railway Project

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Uganda Seeks Funding for Ambitious Railway Project

Published on: Aug. 20, 2025, 4:20 p.m. | Source: Devdiscourse

Uganda is negotiating with development finance institutions and credit export agencies to fund 85% of a major railway project amid concerns over its public debt. Turkey's Yapi Merkezi won the contract to build the railway. The project aims to connect Uganda with Kenya, promoting regional trade.

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