Officials try to save face after ‘Nation’ expose on SGR deal

The inland container depot in Embakasi, Nairobi. The depot is managed by the Kenya Ports Authority. PHOTO | FILE | NATION MEDIA GROUP

What you need to know:

  • The loan contract Nairobi entered into with Beijing has several clauses that heavily favour China and compel Kenya to make many compromises.
  • KPA faces a particularly huge takeover risk as the Chinese loan negotiators ensured it was included in a strict take-or-pay agreement with Kenya Railways Corporation.

Government officials involved in the construction and running of the standard gauge railway (SGR) were last evening scrambling to save face in the wake of a Nation exposé that detailed the financial traps of Chinese loan pacts with Kenya.

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