Finance organisations commit €600m for 100 km railway line in Ghana

Development finance institutions Deutsche Bank and Investec, in partnership with Swedish Export Credit Agency (EKN), Swedish Export Credit Corporation (SEK) and Export Credit Insurance Corporation of South Africa (ECIC), have arranged for €600-million in financing for the construction of a 100 km stretch of Ghana’s Western Railway Line, from the Takoradi port to Huni Valley. “The Western Railway Line is key to the haulage of agricultural produce and minerals from the middle belt to Takoradi port in the south of Ghana. The corridor is home to key bauxite mines, which are the bedrock of the country’s integrated bauxite aluminium masterplan.

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