South Africa financier steps in with initial $100m for Isaka-Kigali SGR project

The SGR passenger and cargo train terminal will be constructed in Ndera and Masaka. PHOTO | FILE

What you need to know:

  • In July, Rwanda gazetted a bilateral agreement with Tanzania where the railway connects to, detailing the mechanism for the construction.

  • The South African financial institution with a $9 billion kitty, recently expressed interest in investing in the project while in Kigali to launch a partnership with the Development Bank of Rwanda to jointly finance investments in the country.