Uganda will ask Turkish firm Yapi Merkezi to secure financing for a $2.2 billion rail link to the Kenyan port of Mombasa and is eyeing export credit agencies as potential sources, a senior official told Reuters. The Turkish construction company had previously confirmed a memorandum of understanding was signed with the Ugandan government for a potential deal to construct a 273 km (170 miles) railway project linking the capital Kampala to Kenya’s own rail to access the Indian Ocean seaport.
Uganda to ask Turkish firm to secure rail deal financing
2023-01-26T10:26:45+00:00January 26th, 2023|