News
09 December 2024

Tanzania close Sinosure-backed loan for high speed electric railway

In:
Infrastructure
Region:
Middle East & Africa
By Max Thompson

The Ministry of Finance in Tanzania signed a $450 million Sinosure-backed loan to finance the development of a high speed electric railway in the East African country. The deal closed on 21 November and signed in October. The 15-year deal was provided by MLAs Standard Chartered (bookrunner,...

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