African Development Bank Allots $650 Million for Uganda Railroad

AI Summary

The African Development Bank has earmarked approximately $650 million to fund the construction of a railway connecting Uganda's capital Kampala to Malaba at the Kenyan border. This infrastructure project aims to boost regional connectivity and trade.

Uganda said the African Development Bank has tentatively allocated about $650 million to partly fund the construction of a railway linking the capital, Kampala, to Malaba at the Kenyan border.