submitted about 1 year ago by Samuelwriter_ke
- The Kenyan government has secured funding from China to continue the stalled extension of the Standard Gauge Railway (SGR) from Naivasha to Malaba, with Chinese companies providing 40% of the financing.
- China will contribute Ksh706.9 billion (US$5.3 billion) for the project, with the government seeking the remaining funds through other means, and the Chinese consortium will operate the railway and charge toll fees to recover their investment.
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