China says Africa projects should be sustainable, denounces criticism

By Reuters,

Chinese development projects in Africa must be sustainable, the government’s top diplomat told senior African ministers on Tuesday, as he denounced ...

africa , china , Xi Jinping

Nigeria’s Buhari signals 4 more years much like last

By Reuters,

Nigerian President Muhammadu Buhari promised on Wednesday to repeat in his second term successes from his first four years including an improved econo...

Muhammadu Buhari , Nigeria

CS Macharia defends loss making SGR on sentimental value

By Kepha Muiruri,

Transport Cabinet Secretary  James Macharia has defended the loss making nature of the Standard Gauge Railway (SGR) project insisting on the initiati...

CS James Macharia , kenya railways , Ministry of Transport and Infrastructure , SGR

CBK: Kenya needs to reorganize debt as room for borrowing has shrunk

By Reuters,

Kenya’s headroom for new borrowing has shrunk since it tapped the Eurobond market this month and it is time for the country to begin reorganizing it...

CBK Governor Dr. Patrick Njoroge , Kenya debt

China,United States face off in Djibouti as world powers fight for influence in Africa

By CNN,

A dirt track at Djibouti's Doraleh Port leads to a series of unassuming single-story buildings that, earlier this year, hosted the world's two superpo...

china , Djibouti , Red Sea , US

CBK retains lending rate at 9 percent

By Kepha Muiruri,

Central Bank’s Monetary Policy Committee (MPC) has for the sixth time running kept the effecting lending rate at 9 percent signaling a wait-and-see ...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR) , patrick njoroge

Legacy of lunacy haunts old Kenya railway. Will China’s Ksh.364B line be different?

By CNN,

In 1903, British colonial administrator Sir Charles Norton Edgecumbe Eliot made a bold statement: "It is not uncommon for a country to create a rai...

SGR

Raila, CS Macharia now say Kisumu SGR plan still on

By Laura Otieno,

Orange Democratic Movement leader Raila Odinga has rubbished reports that the Standard Gauge Railway (SGR) project will not reach Kisumu. Speaking ...

China loan , raila , SGR

European shares tumble amid trade tensions

By Reuters,

European shares dropped broadly on Thursday as investors shunned risky assets while waiting to see whether United States and China manage to avoid a t...

Kenya to upgrade old railway track to Uganda at Ksh.21B

By Reuters,

Kenya plans to modernise an old railway track to link a newer line to neighbouring Uganda at a cost of $210 million (Ksh.21.3billion). According to...

Kenya Railway , SGR

Chinese Economic Outreach in Latin America Draws US Concerns

By VOA,

For generations, the economies of Latin America and the Caribbean have been dominated by trade with the United States. In recent years, though, a g...

China coming to terms with risks of lending to Kenya

By Kepha Muiruri,

The denial of credit to the extension of the Standard Gauge Railway (SGR) phase 2B or the lack of discussions to the said credit facility have in the ...

china , Ministry of Transport and Infrastructure , National Treasury , Public debt , SGR

China April factory growth unexpectedly slows as economy struggles for traction

By Reuters,

Factory activity in China expanded for a second straight month in April but at a much slower pace than expected, an official survey showed on Tuesday,...

china , factory growth unexpectedly slows China

China’s first private high-speed rail project gets $4 billion financing: Xinhua

By Reuters,

China’s first privately-controlled high speed railway project signed a loan contract for 28.1 billion yuan ($4.18 billion) on Friday, the official X...

$4 billion financing , China high speed railway

Uhuru signs Ksh.67 billion loan with china for project delivery

By PSCU,

President Uhuru Kenyatta on Friday witnessed the signing of two project delivery agreements amounting to Ksh.67 billion through a concessional financi...

china , Konza Data Center , President Uhuru Kenyatta , Standard Gauge Railway (SGR)

SGR construction to end in Naivasha as China loan bid flops

By Citizen Reporter,

The Government has made a surprise admission that the Standard Gauge Railway (SGR) will actually end in Naivasha from where the old railway will conti...

raila , SGR naivasha , Uhuru

KBC, airports risk auction if Kenyan Gov’t fails to pay Ksh.5.6 trillion debt

By Stephen Letoo,

Listed public institutions such as State Broadcaster KBC now risk auction should the Kenyan government fail to meet its ballooning debt obligation. ...

Alex Kosgey. , debt , parliament , President Uhuru Kenyatta , raila odinga , SGR

Uhuru meets Chinese President Jinping for bilateral talks

By Citizen Reporter,

President Uhuru Kenyatta and his Chinese counterpart Xi Jinping on Thursday led their respective delegations in bilateral talks at the Great Hall of t...

IEA , kenya debt burden , SGR

IEA raises alarm on Kenya’s public debt

By Wangui Ngechu,

Economists at the Institute of Economic Affairs (IEA) have urged President Uhuru Kenyatta to make a renegotiation on Kenya's loan terms with Beijing a...

IEA , kenya debt burden

Raila Odinga leaves Kenya for China trip

By Ian Omondi,

African union envoy Raila Odinga on Tuesday evening left the country for China to attend the Second Belt and Road Forum for International Cooperation....

A.U High Representative , china , raila odinga