Uganda resubmits China loan request for Sh230b rail

Uganda resubmitted a loan request to China for a 271-kilometre (168-mile) railway linking its capital, Kampala, with the Kenyan border after re-negotiating the contract price and improving security.

The government of East Africa’s third-biggest economy submitted the application to the Export Import Bank of China in September to provide 85 per cent of the project cost, Perez Wamburu, coordinator of the Standard Gauge Railway Project, said by email.