Finally, Some Good News For Kenya’s Embattled Standard Gauge Railway

While Kenya struggles to repay billions of dollars of loans to the China Exim Bank used to build the Standard Gauge Railway (SGR), the government is getting a badly-needed boost from higher cargo and passenger volumes.

Kenya Railways this week reported that its SGR cargo business jumped by 24% in the first nine months of the year compared to the same time last year, generating $89 million in revenue.

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The post Finally, Some Good News For Kenya’s Embattled Standard Gauge Railway appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/11/24/finally-some-good-news-for-kenyas-embattled-standard-gauge-railway/

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