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flag Uganda appoints Citibank to secure financing for $3.19B railway project.

flag Uganda has appointed Citibank to help secure financing for its $3.19 billion Standard Gauge Railway project, aiming to connect Kampala to the Kenyan border for access to the Indian Ocean. flag The finance ministry announced the move on April 16, stating discussions are ongoing with the World Bank after a delegation met with Citibank officials in Washington. flag While preliminary work has begun, full-scale construction is pending until additional funding is secured.

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