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China commits to fund Kenya, Uganda joint railway project
From Left: Kenya's Road and Transport CS Kipchumba Murkomen, Rwanda's Minister of Infrastructure Jimmy Gasore and Uganda's Minister of State for Works and Transport, Fred Byamukama after signing a joint ministerial statement on the development of the Standard Gauge Railway on May 3, 2024.
Kenya has secured a commitment from China’s Exim Bank for the funding of the Standard Gauge Railway line from Naivasha to the Uganda border.
Roads and Transport Cabinet Secretary Kipchumba Murkomen said that pan-African lender African Development Bank and Kenya’s own Railway Development Fund would complement the Chinese, as Nairobi and Kampala continue to woo more financiers for the cross-border project.
