Kenya’s debt to China drops to an eight-year low as Beijing slows new lending, prompting alternative financing for the SGR.
The SGR loans were initially set to be repaid by 2035, with Kenya paying both the principal and interest to China Exim Bank.
Once lampooned as a “Railway to Nowhere”, Kenya’s Standard Gauge Railway (SGR) is spurring one of the fastest growing “economic belts” in Africa. The now completed 600-kilometer ...
Kenya has renegotiated the terms of its Chinese Standard Gauge Railway (SGR) loans, and extended the repayment period. This ...
BEIJING (Reuters) -China and Kenya announced they had upgraded ties to a "new level" on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in Beijing, as they ...
China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence ...
When discussing China’s global rise, attention usually shifts to the United States, Europe, Asia, or the South China Sea. Yet ...
National museum in Nairobi celebrates 620th anniversary of Ming dynasty navigator’s voyages and 62 years of modern bilateral ...
For the best experience, please enable JavaScript in your browser settings. SGR cargo train at the Naivasha Inland Container Depot in Nakuru County.[Kipsang Joseph ...
Kenya's ruling United Democratic Alliance has committed to deepening collaboration with the Communist Party of China to build stronger institutions, enhance discipline in public leadership and combat ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. BEIJING (AP) — Kenyan President William Ruto ...
NAIROBI, Sept 24 (Reuters) - Kenya should renegotiate the terms of a loan borrowed from China to build a modern railway line, parliament's transport committee said in a report, one of many African ...
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