Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.
bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black
Community
Share knowledge. Ask questions. Find answers.
Community blog
Read our latest news and views and get to know us better
Keeping East Africa on track
To keep up with the demand for passenger and freight movement between and within Kenya and Uganda, regional railway operator Rift Valley Railways is buying 20 new locomotives. Standard Bank Group has helped make this possibly by providing KSh1.8-billion (about US$20-million) financing.
Locomotives are not the sort asset we finance everyday but the railway fulfills and important need in the lives of people.
Rift Valley Railways currently operates about 2 550km of track linking the port of Mombasa in Kenya to the agriculturally rich hinterland of the Kenya Highlands and into Kampala, Uganda, on the shores of Lake Victoria.
Standard Bank Group's finance team at CfC Stanbic Bank was key to pulling this deal together.
For more on the services we offer in Kenya and Uganda, see www.cfcstanbicbank.co.ke and www.stanbicbank.co.ug.
