Uganda’s funding headache for Eacop, SGR projects

A section of the East African Crude Pipeline project.

Photo credit: Pool

On Monday, Uganda signed a deal with Turkish firm Yapi Merkezi for the construction of the standard gauge railway (SGR) from Malaba to Kampala, after a 16-year wait.

When completed, the $2.9 billion-dollar electric rail project is expected to reduce transportation costs and increase the efficiency of the rail transport system in Uganda.