Permanent Secretary in the Ministry of Finance, Dr Natu El-Maamry Mwamba, signs on behalf of the Government, while the Chief Executive Officer of Standard Chartered, Herman Kasekende, signs on behalf of the financing partners. The agreement signed on April 28, 2026 in Dodoma for the $1.277 billion syndicated financing package supporting the Standard Gauge Railway (SGR) project.
Nairobi. Standard Chartered Bank has successfully arranged a $2.33 billion syndicated financing facility for the Standard Gauge Railway project in Tanzania, the bank said on Tuesday.
The money will finance two stretches of a planned 1,219 km railway line that links the commercial capital and port of Dar es Salaam and the lakeside city of Mwanza.
