The Tanzanian government signed a facility agreement with Standard Chartered Bank Tanzania for a $1.46 billion loan on Thursday 13, February 2020. This is to finance the standard gauge railway (SGR) construction covering a distance of 550 km (341.75 miles) from the commercial capital to central Tanzania.

For more information, please see venturesafrica.com/tanzania-signs-funding-deal-for-standard-railway-project/