Map showing new railway route connecting western Tanzania to DRC and Dar es Salaam

British Banks and Insurers Support Tanzania’s $1.2B Railway Linking DRC and Indian Ocean

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British financial institutions including HSBC, FirstBank UK, Bank of Africa UK, and Lloyd’s insurers are backing a $1.2 billion railway project in Tanzania. This railway aims to connect Tanzania’s western regions with the Democratic Republic of Congo and the port city of Dar es Salaam, facilitating trade between farms, mines, and international markets.

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Originally published by gnews