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African Development Bank Tentatively Allocates $650 Million Toward Uganda's Kampala-Malaba Railway

Uganda reported that the African Development Bank has set aside roughly $650 million to support construction of a railway connecting Kampala to the Kenyan border at Malaba.

Bloomberg
1 source·May 31, 8:26 AM(14 hrs ago)·1m read
African Development Bank Tentatively Allocates $650 Million Toward Uganda's Kampala-Malaba Railwayecns.cn
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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. The allocation covers a portion of the project costs for the line now under construction between Kampala and the border crossing.

The railway is intended to connect Uganda's capital with the Kenyan border at Malaba.

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Reported by a single outlet. This score reflects source tier and factual specificity — corroboration is limited with one source.

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