How Kenya Will Raise Ksh517 Billion To Extend SGR To Malaba

Kenya Runs to UAE for Uganda SGR Extension in $4 BN Deal

Kenya plans to raise $4 billion by securitising revenue from its import levy to finance the extension of the Standard Gauge Railway (SGR). The country is already in talks with Etihad Rail to operate freight services, Transport Cabinet Secretary Davis Chirchir has said. Etihad Rail is the developer and operator of the United Arab Emirates’s … The post Kenya Runs to UAE for Uganda SGR Extension in $4 Billion Deal first appeared on Metropol Digital.

How Kenya Will Raise Ksh517 Billion To Extend SGR To Malaba

The Kenya Times ~ Trending, Breaking News and Videos How Kenya Will Raise Ksh517 Billion to Extend SGR to Malaba The Kenyan government is seeking $4 billion (Ksh517 billion) to extend the Standard Gauge Railway (SGR) line from Naivasha to Kisumu and Malaba on the Ugandan border. According to a report by Bloomberg, Transport Cabinet Secretary (CS) Davis Chirchir confirmed that Kenya is in talks with Etihad Rail, the developer and operator of the …