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African Development Bank Commits $650M to Uganda-Kenya Railway Corridor

The African Development Bank has earmarked approximately $650 million to support construction of a railway connecting Uganda's capital of Kampala to the Kenyan border town of Malaba. The financing commitment represents an infrastructure investment for the East African region. The railway aims to improve freight connectivity and trade flow between the two nations. Uganda's government has advanced the project as a priority development initiative. The partial funding from the multilateral development bank signals momentum in regional rail modernization efforts. Additional capital sources remain under discussion to fully finance the project.