Uganda and Kenya are seeking at least $6 billion from multiple lenders to jumpstart construction of the joint standard gauge railway (SGR) project, which stalled after the pull-out of the initial financier, China.

According to the people in the know, the UAE is being considered as a suitable candidate, as it has also offered to improve the port, the main gateway of goods destined for the Great Lakes region.

The EastAfrican has learnt that the UAE has dangled an offer to construct the line to Malaba as long as it is also allowed significant stake in the Port of Mombasa to operate.

www.theeastafrican.co.ke/tea/business/uganda-kenya-seek-funds-in-joint-bid-to-take-sgr-to-drc-4327038