Eastern Africa
Uganda To Secure Rail Project Financing Through Yapi Merkezi
The Turkish firm will help secure US$2.2 billion for a rail link connecting Uganda to Mombasa in Kenya.
Uganda is in talks with a Turkish firm, Yapi Merkezi, to help secure financing for a US$2.2 billion rail link connecting Uganda to the Kenyan port of Mombasa. Potential sources of funding primarily being looked into are export credit agencies.
Yapi Merkezi confirmed a Memorandum of Understanding (MoU) previously signed with
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