Sharp Daily
No Result
View All Result
Friday, July 17, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Tanzania-China $2.2B Railway Deal To Link Country With Burundi, DRC, Rwanda and Uganda

Editor SharpDaily by Editor SharpDaily
December 23, 2022
in News
Reading Time: 1 min read
The Tanzania-Zambia Railway (Tazara) also called the Uhuru Railway.

Tanzania has signed a $2.2-billion contract with a Chinese company to build a 2,561-kilometre railway line.

The line will link the Indian Ocean port of Dar es Salaam to Mwanza on Lake Victoria, with eventual spurs to Burundi, the Democratic Republic of Congo (DRC), Rwanda and Uganda, according to reports by the AFP.

Construction of the Standard Gauge Railway (SGR) from Tabora to Kigoma in western Tanzania will be completed in 2026, according to President Samia Suluhu.

“Upon completion of the SGR, Tanzania will be in a better position to utilise its strategic geographical positioning to facilitate cross-border trade,” she said.

RELATEDPOSTS

Safaricom rolls out tap-to-pay m-pesa in Tanzania

March 19, 2026

Kenya advances SGR expansion without chinese loans

March 3, 2026

Read: List of Persons Who Signed The Infamous SGR Deal

Currently, Tanzania’s investment in the SGR has now reached $10.04 billion, including the latest contract.

“We have to borrow for this important infrastructure and other sustainable development projects because we don’t have enough local resources,” she said, dismissing criticism that the country was taking on too much debt.

The new investment will see cargo transportation costs between the Dar es Salaam port and the DRC reduce from a minimum of $6,000 per tonne to about $4,000 once it becomes fully operational.

Meanwhile, transportation time would fall from 30 days by truck to 30 hours in 2027.

Reporting by AFP.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

December 27, January 2 To Be Public Holidays

Next Post

Second Richest Company In The World Enters Kenyan Market

Editor SharpDaily

Editor SharpDaily

The latest in business, real estate, education, investments, tech and entrepreneurship, brought to you daily. Reach us through thesharpdaily@gmail.com

Related Posts

News

EAC Begins New Manufacturing Rules

July 16, 2026
News

CMA Warns Against Unlicensed Investment Schemes

July 16, 2026
News

Dangote Selects Lamu for Regional Oil Refinery

July 16, 2026
News

East African Crude Oil Pipeline Nears Completion

July 16, 2026
News

Kenya Reviews Private Investment Plan for Power Transmission

July 16, 2026
Analysis

High-net-worth kenyans diversify investments beyond real estate

July 16, 2026

LATEST STORIES

EAC Begins New Manufacturing Rules

July 16, 2026

CMA Warns Against Unlicensed Investment Schemes

July 16, 2026

Dangote Selects Lamu for Regional Oil Refinery

July 16, 2026

East African Crude Oil Pipeline Nears Completion

July 16, 2026

Kenya Reviews Private Investment Plan for Power Transmission

July 16, 2026

High-net-worth kenyans diversify investments beyond real estate

July 16, 2026

Kenya Inks Sh154B Deal for JKIA Modernization Project

July 16, 2026
Kenya power technicians install a transformer at Ibutuka Village in Mbeere North in Embu County (Murithi Mugo, Standard)

Kenya Power to double Ethiopia electricity imports to 400MW by December 2026

July 16, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024