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Tanzania, Afrexim Bank discuss construction of SGR, oil imports​

dailynews.co.tz/tanzania-afrexim-bank-discuss-construction-of-sgr-oil-imports

Aveline Kitomary
April 22, 2026

WhatsApp-Image-2026-04-22-at-11.56.01.jpeg

WASHINGTON: AFRICAN Export-Import Bank-Afreximbank has said it is ready to continue helping Tanzania obtain funds for the construction of the Standard Gauge Railway (SGR) as well as investing in new mining sector projects and the construction of a large hospital project that will have world-class medical services (African Medical Center of Excellence (AMCE).

The promise was made in Washington D.C, in the United States by the Vice President of Afrexim Bank (Global Trade Bank), Haytham ElMaayergi, when he met and held talks with the Tanzanian Delegation led by the Minister of Finance, Ambassador Khamis Mussa Omar on the sidelines of the World Bank and International Monetary Fund-IMF Spring meetings.

WhatsApp-Image-2026-04-22-at-11.56.01-1.jpeg

He said that Tanzania is a strategic partner of the bank and that it is ready to collaborate with it to implement various projects that will be agreed upon by both parties that will be productive and stimulate economic growth and the lives of Tanzanians.

“We are ready to collaborate with the Central Bank of Tanzania in the project to purchase and increase the value of gold, continue to seek funding for the construction of the SGR Railway and we await the completion of the process of investing in a large world-class medical center in Tanzania” said ElMaayergi

For his part, Ambassador Khamis Mussa Omar, thanked Afreximbank for continuing to support Tanzania, not only in financing the modern SGR railway project, but also in supporting the overall budgetary activities of the Government, including its role as the ‘Mandated Lead Arranger’ in the budget financing transaction for the fiscal year 2024/25.

He said that as the Government continues to mobilize funds for the implementation of the sixth and seventh sections of the SGR through the African Development Bank (AfDB), it also expects Afreximbank to participate in the program due to the importance of the project to the country’s economy.

He requested Afreximbank to further open the window for public-private partnerships (PPP) to enable project developers and main contractors to participate fully.

In the health sector, he said that Tanzania is ready to host the Africa Medical Centre of Excellence (AMCE), which is expected to be a key pillar in strengthening health infrastructure in the country and the entire region.

In terms of fuel, Ambassador Omar commended Afreximbank for its partnership with the Tanzania Petroleum Development Corporation (TPDC) as well as its willingness to support the import of petroleum products for the period May to July 2026.

He said that the Government recognizes the importance of the program in ensuring energy security in the country.

The session was also attended by the Minister of Finance of the Revolutionary Government of Zanzibar, Dr Juma Malik Akil, the Permanent Secretary and Paymaster General of the Government, Dr Natu El-maamry Mwamba, the Permanent Secretary, Ministry of Finance and Planning, Zanzibar, Aboud Hassan Mwinyi, the Acting Deputy Permanent Secretary, Ministry of Finance, Rished Bade and other senior leaders of the Government and its Institutions.

dailynews.co.tz

Tanzania, Afrexim Bank discuss construction of SGR, oil imports - Daily News

WASHINGTON: AFRICAN Export-Import Bank-Afreximbank has said it is ready to continue helping Tanzania obtain funds for the construction of the Standard Gauge Railway (SGR) as well as investing in new mining sector projects and the construction of a large hospital project that will have...
dailynews.co.tz dailynews.co.tz
 

Tanzania SGR Project by Yapi Merkezi Secures $2.2bn Loan from Standard Chartered​


Joel Mairura
April 24, 2026

786130807C8A6789-480x320.jpg

Standard Chartered Plc has arranged a $2.2 billion loan with export credit agencies for Tanzania SGR project by Yapi Merkezi. This is according to Turkish contractor Yapi Merkezi Insaat VE Sanayi AS. The deal will be signed April 28 in the East African nation’s capital, Dodoma, and will finance the third and fourth legs of the 1,219-kilometer (757-mile) track, Yapi Merkezi Vice Chairman Erdem Arıoğlu told Bloomberg in an interview.

The two phases run through Makutupora, Tabora and Isaka. The funding comes after Tanzania also held talks with Standard Chartered for a loan in Washington D.C. The meeting, hosted at the Tanzanian Embassy on the sidelines of the 2026 IMF/World Bank Spring Meetings. It was led by Zanzibar Minister of State for Finance and Planning Dr. Juma Malik Akil on behalf of Finance Minister Khamis Mussa Omar.

Outlook on the Tanzania SGR Project by Yapi Merkezi​

The successfulness of the current loan places Standard Chartered as lead financier on the Tanzania SGR project by Yapi Merkezi. Reports in 2024 that the first completed 541-km section between Dar es Salaam and Dodoma cost $3.1bn.

Moreover, the government said a $1.46bn loan from Standard Chartered helped fund part of that stretch. The $2.2bn loan will be fundamental in facilitating the remaining stretch of rail to be completed. Tanzania Railways Corporation says the planned Standard Gauge Railway network will span about 2,561 kilometres. It links the port of Dar es Salaam with inland commercial centres and neighbouring countries. Other East African nations such as Kenya are also working on their SGR as it seeks to electrify its rail to connect with Uganda.

These include including Rwanda, Burundi and also the Democratic Republic of Congo. The Turkish firm has been fundamental in the delivery of the nation’s SGR in many aspects. These include the construction of multiple phases (Lots 1–4) covering over 1,000 km, designed for speeds of

Lot 1 & 2: Dar es Salaam to Makutupora.

Lot 3 & 4: Makutupora to Tabora and Tabora to Isaka.

In addition to the railway track, the scope includes 3 stations, maintenance workshops, a depot area, a Railway Institute, electrification, signaling, and telecommunication systems.

786130807C8A6789.jpg
Standard Chartered Plc has arranged a $2.2 billion loan with export credit agencies for Tanzania SGR project by Yapi Merkezi.

Project Factsheet:​

Project Name: Tanzania Standard Gauge Railway (SGR) ProjectLocation: TanzaniaEstimated Investment Value: $2.2 Billion loan package (latest financing)Project Type: National railway infrastructure

Timeline2024: First 541 km Dar es Salaam–Dodoma section reported completedApril 28, 2026: $2.2 billion loan signing scheduled in Dodoma2026 onward: Financing to support Lots 3 and 4 construction

Site & ScaleCurrent Main Corridor: 1,219 kmPlanned Full Network: ~2,561 kmLatest Financed Sections: Makutupora – Tabora – IsakaRegional Links: Rwanda, Burundi, DR Congo connections via inland corridors

Project TeamsContractor: Yapi MerkeziLead Financier: Standard CharteredOwner: Tanzania Railways CorporationSupporting Lenders: Export credit agencies and development finance institutions

Infrastructure ScopeStandard gauge electrified railway corridorPassenger and freight rail operationsAlso stations, maintenance workshops, depot facilitiesRailway training instituteSignaling, telecom, and also electrification systems

Strategic ObjectivesModernize Tanzania’s rail networkAlso improve cargo movement from Dar es Salaam Port inlandStrengthen regional trade links with neighboring countriesReduce logistics costs and travel times

ChallengesLarge capital requirements across multiple phasesAlso cross-border coordination for regional integrationExecution of long-distance rail construction

Current Status$2.2 billion financing secured for Lots 3 and 4Also loan signing set for DodomaConstruction expansion advancing under Yapi Merkezi.

 
Geza Ulole said:
you mean it? 60 mln tonnes? evidence?
Click to expand...
Hawajafika 60mil tonnes bado wako kwenye 45mil , ila pamoja na yote Wana berths 21 dar Iko na 11 ndo wanajenga nyingine 8 ili ziwe 19.
Kwa sasa mzigo unaopita dar kwa berths bado uko juu kuliko Mombasa.
Mombasa inabeba 2.142mil tonnes per berth dar Iko na 2.454 mil tonnes per berth
 
Geza Ulole said:

Tanzania, Afrexim Bank discuss construction of SGR, oil imports​

dailynews.co.tz/tanzania-afrexim-bank-discuss-construction-of-sgr-oil-imports

Aveline Kitomary
April 22, 2026

WhatsApp-Image-2026-04-22-at-11.56.01.jpeg

WASHINGTON: AFRICAN Export-Import Bank-Afreximbank has said it is ready to continue helping Tanzania obtain funds for the construction of the Standard Gauge Railway (SGR) as well as investing in new mining sector projects and the construction of a large hospital project that will have world-class medical services (African Medical Center of Excellence (AMCE).

The promise was made in Washington D.C, in the United States by the Vice President of Afrexim Bank (Global Trade Bank), Haytham ElMaayergi, when he met and held talks with the Tanzanian Delegation led by the Minister of Finance, Ambassador Khamis Mussa Omar on the sidelines of the World Bank and International Monetary Fund-IMF Spring meetings.

WhatsApp-Image-2026-04-22-at-11.56.01-1.jpeg

He said that Tanzania is a strategic partner of the bank and that it is ready to collaborate with it to implement various projects that will be agreed upon by both parties that will be productive and stimulate economic growth and the lives of Tanzanians.

“We are ready to collaborate with the Central Bank of Tanzania in the project to purchase and increase the value of gold, continue to seek funding for the construction of the SGR Railway and we await the completion of the process of investing in a large world-class medical center in Tanzania” said ElMaayergi

For his part, Ambassador Khamis Mussa Omar, thanked Afreximbank for continuing to support Tanzania, not only in financing the modern SGR railway project, but also in supporting the overall budgetary activities of the Government, including its role as the ‘Mandated Lead Arranger’ in the budget financing transaction for the fiscal year 2024/25.

He said that as the Government continues to mobilize funds for the implementation of the sixth and seventh sections of the SGR through the African Development Bank (AfDB), it also expects Afreximbank to participate in the program due to the importance of the project to the country’s economy.

He requested Afreximbank to further open the window for public-private partnerships (PPP) to enable project developers and main contractors to participate fully.

In the health sector, he said that Tanzania is ready to host the Africa Medical Centre of Excellence (AMCE), which is expected to be a key pillar in strengthening health infrastructure in the country and the entire region.

In terms of fuel, Ambassador Omar commended Afreximbank for its partnership with the Tanzania Petroleum Development Corporation (TPDC) as well as its willingness to support the import of petroleum products for the period May to July 2026.

He said that the Government recognizes the importance of the program in ensuring energy security in the country.

The session was also attended by the Minister of Finance of the Revolutionary Government of Zanzibar, Dr Juma Malik Akil, the Permanent Secretary and Paymaster General of the Government, Dr Natu El-maamry Mwamba, the Permanent Secretary, Ministry of Finance and Planning, Zanzibar, Aboud Hassan Mwinyi, the Acting Deputy Permanent Secretary, Ministry of Finance, Rished Bade and other senior leaders of the Government and its Institutions.

dailynews.co.tz

Tanzania, Afrexim Bank discuss construction of SGR, oil imports - Daily News

WASHINGTON: AFRICAN Export-Import Bank-Afreximbank has said it is ready to continue helping Tanzania obtain funds for the construction of the Standard Gauge Railway (SGR) as well as investing in new mining sector projects and the construction of a large hospital project that will have...
dailynews.co.tz dailynews.co.tz
Click to expand...
duu watu hawachelewi
 
Kuna watu walishaanza kujimilikisha refinery, Duniani akili tu
Biggest oil seller without oil in the country
1777105943486.png
 
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