Posted inCompanies

Kenya secures new Chinese funding to extend railway to Uganda border

NAIROBI, Kenya — Kenya has announced a new funding arrangement with a consortium of Chinese companies that will allow it to revive a stalled railway extension project bordering Uganda. According to Kenyan Finance Minister John Mbadi, the consortium will provide 40% of the $5.3 billion needed for the 475-kilometer (295-mile) Standard Gauge Railway line from […]

Gift this article