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African Development Bank Allocates $650 Million for Uganda Railway Project

31 Mayıs 2026Bloomberg

The African Development Bank has tentatively allocated approximately $650 million to support the construction of a railway in Uganda. This railway will connect the capital city, Kampala, to Malaba, located at the Kenyan border.
The funding aims to enhance transportation and trade in the region.
The allocation comes at a time when Uganda is seeking to improve its infrastructure to boost economic activities and trade with neighboring countries. Rail transport is seen as a vital component for enhancing logistics and reducing transportation costs.
This significant financial commitment from the African Development Bank highlights the importance of infrastructure development in East Africa. By improving connectivity between Uganda and Kenya, the project could stimulate economic growth and facilitate trade, which is crucial for the region's development.

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