Uganda appoints Citibank to mobilise funds for 2.7 billion euro railway project - Reuters

Uganda has appointed Citibank to mobilize funds for its 2.7 billion euro railway project. This initiative aims to secure financing for the significant infrastructure development. The project is crucial for improving transportation and trade capabilities within Uganda and potentially the broader East African region. Citibank's role will involve attracting investors and structuring the financial arrangements needed for the railway's construction. This move underscores Uganda's commitment to modernizing its transport network and boosting economic growth.