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Kenya, Uganda Open Rail Extension Burdened by Chinese Debt
- On Saturday, the presidents of Kenya and Uganda met near their shared border to mark the multi-billion-dollar, long-delayed extension of the Chinese-built Standard Gauge Railway that has left Kenya heavily in debt.
- China's earlier lending history shows it lent Kenya US$9.7 billion from 2000 to 2019, pausing from 2020 to 2023, while Kenya now borrows against future cargo taxes and partners with Chinese transport firms.
- Kenya's Treasury estimates say the overall cost will be more than 500 billion shillings , while the line generated about $165 million last year.
- Ruto broke ground on Thursday in Narok County, saying 'Cargo takes an average of 80 hours to move from Mombasa to Malaba and more than 100 hours to reach Kampala' and 'We cannot build prosperity on inefficiency'.
- Looking toward the timeline, leaders project the line will reach Kisumu by June next year, with Museveni calling the prior system 'Irrational and wasteful' and promising reduced inefficiencies.
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47 Articles
47 Articles
The Kenyan and Ugandan presidents met on Saturday, 21 March, near their common border, to relaunch the extension of a long-delayed railway line.
Daily Journal+15 Reposted by 15 other sources
Kenya, Uganda double down on rail extension burdened by Chinese debt
The presidents of Kenya and Uganda met near their shared border Saturday to mark the multi-billion-dollar, long-delayed extension of a Chinese-built railway that has left Kenya heavily in debt.
·Cherokee County, United States
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Kenya expands SGR linking Mombasa to Uganda border for growth
Kenya has taken a major step in regional infrastructure with the groundbreaking of the latest extensions of the standard gauge railway (SGR), advancing its vision for stronger East African connectivity and economic development.
·Beijing, China
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Radio France Internationale+18 Reposted by 18 other sources
Kenya, Uganda open rail extension burdened by Chinese debt
·Paris, France
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Total News Sources47
Leaning Left9Leaning Right5Center7Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 33%
R 24%
Factuality
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