Uganda Secures €650.75 Million Islamic Development Bank Loan for Standard Gauge Railway
Uganda Secures €650.75 Million IsDB Financing to Accelerate Standard Gauge Railway and Boost Regional Trade Uganda has secured Shs2.73 trillion (€650.75 million) in financing from the Islamic Development Bank (IsDB) to accelerate construction of key sections of the long-awaited Standard Gauge Railway (SGR), a landmark project expected to strengthen regional trade and improve connectivity with the Port of Mombasa. Approved during the 51st Islamic Development Bank Group Annual Meetings in
