Block containers being transported by train from Mombasa to Nairobi/FILEKenya plans to utilise the railway levy charged on imported goods to boostfunding for the extension of the Standard Gauge ...

The International Monetary Fund (IMF) pressured Kenya to settle its SGR loans in Chinese yuan, shifting from US dollars.

When President William Ruto announced his new long-term plan, Vision 2055, which aims to transform Kenya into a first-world ...

China’s concern that the US-backed Mombasa–Nairobi highway would undermine revenue from the Standard Gauge Railway (SGR) was a quiet factor in Kenya’s cancellation of the toll road project, ...

NAIROBI, Oct 7 (Reuters) - Kenya has completed converting three railway construction dollar-denominated loans from China into yuan in order to save on interest payments, its Finance Minister John ...

Kenya has converted about $3.5bn of debt tied to the Chinese-built standard-gauge railway (SGR) into yuan – a move officials say will save roughly $215m a year by reducing exposure to floating dollar ...