The Central Bank of Kenya and National Bank of Rwanda have signed an MoU on cross-border licensing for payment service providers.
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Uganda wants to link a new railway line it is building to one under construction in neighbouring Tanzania. the railway would run from the border with Tanzania through the south and southwest of Uganda, ending at the border with Democratic Republic of Congo. The main objective of the project is to connect the vast and mineral-rich regions of both countries (Uganda and Tanzania) to the port of Dar es Salaam – whilst saving time and transportation costs. Senior Ports, Rail and Logistics Consultant, Andrew Pike, joined POWER 98.7’s Tehillah Niselow for a discussion on this development.
This bulletin has been compiled from publicly available records, reputable news sources, and other open-source materials.
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