AfDB Approves Funds for Multinational Railway Project Study

The African Development Bank has approved USD8.15 million in loans and grants for the

. The concessional package will finance the second phase of the study, which covers the existing Dar es Salaam-Isaka railway link. This second phase will focus on strengthening the institutional framework of the project and structuring it as a public-private partnership.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.