Tag Archives: AfDB

AfDB gives $1.2 million for the Ethiopia-Sudan railway to assess project’s Viability.

The African Development Bank’s Board of Directors has approved a $1.2 million grant to Ethiopia’s government to finance a feasibility study for the construction of a standard-gauge railway (SGR) link between Ethiopia and neighbouring Sudan. The grant, from the African Development Fund, the Bank Group’s concessional-rate lending arm, would cover 35% of the total estimated $3.4 million cost of the …

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