Kenya revives SGR extension after 6-year stall by China funding cuts

Kenya will on Thursday restart a multi-billion-dollar railway extension that was financed through revenue securitisation, reviving a project that has been stalled for over six years after initial lending from Beijing dried up. The railway’s first section, linking the port of Mombasa to Nairobi, was completed in 2017. But after China slashed funding for large […]