Kenya is eyeing a Public-Private Partnership to avoid incurring more debts as Uganda is poised to finalise a deal with Turkish company Yapi Merkezi soon.
A general view shows a cargo train on the Standard Gauge Railway line constructed by the China Road and Bridge Corporation and financed by the Chinese government in Athi River, Kenya May 16, 2023. REUTERS/Thomas Mukoya
Kenya is eyeing a Public-Private Partnership agreement to avoid incurring more debts as Uganda is poised to finalise a deal with Turkish company Yapi Merkezi soon. Kenya, desperate for funding, has not ruled out China’s involvement in the extension of the Standard Gauge Railway line to the borders with Uganda, even though its neighbouring country officially axed the Chinese from the deal last November.Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
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