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China secures majority of Kenya Adani-type projects
The Nairobi Expressway Mlolongo Toll Station. Under PPP deals, private financiers build roads and recoup their investments through avenues such as tolling.
Chinese firms dominate their foreign peers in the big-ticket projects under the Adani-type public-private partnership (PPP) deals in Kenya, pointing to their deep cash reserves and access to cheap loans from Beijing.
By the end of January, Chinese firms were linked to five projects valued at Sh190 billion, including the country’s first toll road, the Nairobi Expressway, fresh disclosures by the PPP Directorate show.
