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45 w

The African Development Bank has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilise up to $1.2 billion for Tanzania's standard gauge railway (SGR) project.

#africandevelopmentbank #tanzania #daressalaamport #mwanzaport #lakevictoria #indianocean #deutschebank

African Development Bank leads $1.2bn loan for Tanzania rail project
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African Development Bank leads $1.2bn loan for Tanzania rail project

The $2.3 billion project will connect port of Dar es Salaam on the Indian Ocean to the port of Mwanza on Lake Victoria.
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45 w

The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity.

#africandevelopmentbank #madagascar #africa #madagascarroads #southernmadagascar #africandevelopmentbankgroup

African Development Bank approves $165mn to develop Madagascar roads
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African Development Bank approves $165mn to develop Madagascar roads

Project will contribute to the economic and social integration of southern Madagascar by opening up the region.
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2 yrs

AfDB lends $40 mn to Mozambique for Maputo rail corridor

#mozambiquerailandportauthority #mozambiquerailandport #maputocorridor #africandevelopmentbank #afdb #railways

koo
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koo

The Maputo corridor is used to export mineral commodities (such as bulk magnetite, ferrochrome, chromium ore and coal) from the mining belt of north-eastern South Africa through the port of Maputo.
Logistics Update Africa profile picture Logistics Update Africa profile picture
Logistics Update Africa
2 yrs

AfDB lends $40 mn to Mozambique for Maputo rail corridor

#mozambiquerailandportauthority #mozambiquerailandport #maputocorridor #africandevelopmentbank #afdb #railways

https://www.logupdateafrica.co....m/railways/afdb-lend

koo
www.logupdateafrica.com

koo

The Maputo corridor is used to export mineral commodities (such as bulk magnetite, ferrochrome, chromium ore and coal) from the mining belt of north-eastern South Africa through the port of Maputo.

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