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China given advantages in loan for Kenyan rail project, contract shows
South China Morning Post via Yahoo Finance· 2 years agoThe Kenyan government has disclosed some details of loan agreements with a Chinese bank that show...
In an about-face, Kenya's new government signals intent to renegotiate Chinese loans
South China Morning Post via Yahoo Finance· 2 years agoKenya's new administration has signalled that it plans to renegotiate Chinese loans for the debt the...
China in Africa: Kenya railway study shows investment projects aren’t a one-way street
The Conversation via Yahoo News· 1 year agoYasuyoshi Chiba/AFP via Getty ImagesChina is an important economic player in Africa. In 2021 alone,...
Kenya to seek US$1 billion from China for stalled railway, 'more time' to repay debts, deputy...
South China Morning Post via Yahoo Finance· 8 months agoKenya will ask China for US$1 billion to finance stalled infrastructure projects when President...
China rail loan terms behind Kenya ban on road freight, deal shows
South China Morning Post via Yahoo Finance· 2 years agoImporters were forced to transport their cargo via Kenya's Standard Gauge Railway (SGR) because of a deal signed by its previous government with the Export-Import Bank of China, documents show ...
Kenya is raising passenger fares on a Chinese-built train as it struggles to repay record debts
Associated Press Finance via Yahoo Finance· 7 months agoKenya announced Wednesday a sharp increase in passenger fares on the Chinese-built Standard Gauge Railway as the country struggles with repaying loans owed to Beijing and others along with higher ...
Uganda drops Chinese firm from railway deal, eyes Turkish rival
Reuters via Yahoo News· 1 year agoKAMPALA (Reuters) -Uganda has terminated its contract with Chinese firm China Harbour and Engineering Company Ltd (CHEC) to build a railway to the Kenyan border and is now considering a deal ...
Kenya pins rail hopes on PPP funding from China firms for belt and road project
South China Morning Post via Yahoo Finance· 5 months agoKenya is in talks with China to get its stalled rail link back on track under a proposed public-private partnership model that would see Chinese companies source funding to build and operate ...
Can Uganda's Turkish move push China to return to Kenyan leg of major African rail link?
South China Morning Post via Yahoo Finance· 12 months agoPlans have been revived for a massive East African railway project linking the Kenyan port of Mombasa with neighbouring Uganda, Rwanda and South Sudan - but China may no longer be its main financier ...
Uganda turns away from belt and road rail deal as China stalls on loans
South China Morning Post via Yahoo Finance· 1 year agoThe slowdown in Chinese lending for Belt and Road Initiative projects has cast doubt on the future of an East Africa railway project to link the Kenyan port of Mombasa with Uganda, Rwanda and ...