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Kenya turns to the UAE for railway funds after China cut financing

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KENYA-EMIRATES/ (PIX):Kenya turns to the UAE fo

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Kenya turns to the UAE for railway funds after China cut financing

Kenya has started discussions with the United Arab Emirates to secure financing to complete a regional railway, President William Ruto said, after China cut infrastructure funding to the project.

2 months ago·Johannesburg, South Africa

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Punch Newspapers

Kenya turns to UAE for railway funding after China's withdrawal - Punch Newspapers

President William Ruto said Kenya has started discussions with the United Arab Emirates to secure financing to complete a regional railway after China cut infrastructure funding to the project. The railway connecting the Kenyan port of Mombasa with landlocked neighbours, as part of China’s Belt and Road Initiative, ended in the Rift Valley in 2019,

2 months ago

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Eye Radio

Kenya's Ruto lobbies UAE to extend railway project to South Sudan

Kenyan President William Ruto has encouraged the United Arab Emirates government to extend the Standard Gauge Railway (SGR) to connect his country with Uganda and South Sudan. The SGR inaugurated in 2017, is part of China’s new ‘Belt and Road Initiative’ and aims to open East and Central Africa up to international trade and investment. However, the railway connecting the Kenyan port of Mombasa with landlocked neighbors ended in the Rift Valley i…

2 months ago·South Sudan

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Mkenya Leo

Kenya Seeks UAE Funding to Complete SGR Project

Kenya has initiated discussions with the United Arab Emirates (UAE) to secure financing for the completion of its regional Standard Gauge Railway (SGR), President William Ruto announced. The move comes after China, the project’s original financier under its Belt and Road Initiative, withdrew support in 2019, leaving the railway 468 kilometers short of the Ugandan … The post Kenya Seeks UAE Funding to Complete SGR Project appeared first on MKENYA…

2 months ago

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Africa.com

Kenya Courts UAE for Standard Gauge Railway Extension – Africa.com

Kenyan President William Ruto has sought the United Arab Emirates’ financial backing to extend Kenya’s Standard Gauge Railway (SGR) to Uganda and South Sudan, fostering regional trade and integration. During talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi, Ruto proposed a feasibility study for the project. This move marks a… Read More »Kenya Courts UAE for Standard Gauge Railway Extension

2 months ago

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Gulf Business

Kenya seeks UAE funding for railway project

The two nations signed a trade agreement that aims to boost trade volumes by removing barriers and promoting investments The post Kenya turns to the UAE for railway funds after China cut financing appeared first on Gulf Business.

2 months ago

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