Follow CGSP on Social Media

Listen to the CGSP Podcast

How Much Does Kenya Owe China to Build and Operate the Various SGR Lines?

by Eric Olander

It’s not clear at this time if the decision to expedite the handover of some SGR responsibilities from Afristar to Kenya Railways is part of the ongoing debt restructuring talks that are purportedly underway between China and Kenya. 

Until now, there’s been no public discussion about either rescheduling or reducing the amount of debt owed by Kenya Railways to the China Exim Bank for the loans used to build the SGR.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More

You Might Like

With a $1 Billion Payment Due, Kenyan MPs Call on Government to Renegotiate SGR Loan Deal with China

Kenya’s National Treasury is calling on the parliament to provide it with $940 million dollars for the latest instalment to repay China for the controversial Standard Gauge Railway (SGR). The Treasury’s request prompted ...

Is Default the Next Step for Kenya’s Embattled Standard Gauge Railway?

The Chinese-financed and built Standard Gauge Railway is losing money at an unsustainable rate of $9.2 million per month prompting renewed calls in parliament for the State House to renegotiate the 

China, Debt and the Future of Kenya

The investigative series Africa Uncensored broadcast a riveting one-hour documentary on Kenyan national TV last night that explored the country’s ballooning national debt. The program highlighted how, as Kenya’s largest bilateral creditor owning ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.