Kenya signs 17 multi-billion deals with China

President Uhuru Kenyatta (right) shakes hands with Chinese Premier Li Keqiang at State House in Nairobi May 10, 2014 after addressing journalists. EVANS HABIL

What you need to know:

Kenya-Chinese deals

  • Sh327 billion to fund Standard Gauge Railway – China to fund 85 per cent of project.
  • US$ 2 billion-to fund establishment China - Africa Development Bank.
  • Sh5.1 billion-Setting up of China -Africa Research Centre in Nairobi
  • Sh 880 million establishment of ecological and Wildlife Protection
  • The Chinese government also pledged support for the repatriation of the Somali refugees residing in Kenya.
  • 17 agreements to be signed by the time Chinese Premier leaves Sunday
  • The issue of balance of trade that favours Beijing came up with the Premier regretting the imbalance and promising that his government was working on helping Kenya to up her game in trade with China.

Seventeen agreements worth billions of shillings were Saturday signed as Chinese Premier Li Keqiang began his three-day visit in Kenya.


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