Kenya, China And A Railway To Nowhere
Kenya, China And A Railway To Nowhere
Stay updated with breaking news from Road Summit. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Kenya, China And A Railway To Nowhere
Kenya, China And A Railway To Nowhere
A joint feasibility study is set to begin next week for a possible free trade agreement between Papua New Guinea and China.
The country is home to the largest Palestinian diaspora outside of the Middle East.
The first section of Kenya's Chinese-built railway was opened with much fanfare in 2017 - but two years later work on the tracks stopped in the middle of the country and the master plan of linking it to other landlocked countries in East Africa seems to have derailed. This means the project is not bringing as much money as was hoped at this stage, while Kenya is left servicing loans totalling around $4.7bn (£3.9bn), mainly borrowed from Chinese banks. "It's great," 53-year-old commuter Pauline Echesa told me.