No let-up in Kenya’s appetite for Chinese loans as Treasury eyes a new deal for railway

Miritini Railway Station in Mombasa. The Treasury is seeking money to build the Naivasha-Kisumu-Malaba standard gauge railway. PHOTO | WACHIRA MWANGI

National Treasury cabinet secretary Henry Rotich is expected to fly to China in the coming weeks to negotiate a new loan even as December 2016 official data showed that Beijing’s debt to Kenya hit over Sh400 billion ($4.089 billion).

Mr Rotich intends to get money to build the Naivasha-Kisumu-Malaba standard gauge railway.

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