Follow CGSP on Social Media

Listen to the CGSP Podcast

Sliding Currency Push Up Kenyan Payments for Chinese Railway

Kenyan tax payers will have to cough up $87 million more for a January repayment of a loan for the Chinese-built Standard Gauge Railway (SGR) because of a depreciation on the value of the Kenyan shilling. According to the World Bank, 

Kenya Wildly Overpaid for Chinese-Built Railway: Politician

As increased debt payments eat into Kenya’s budget, the business executive and 2022 presidential contender Jimi Wanjigi alleges that the country overpaid by more than 100% for the Standard Gauge Railway. The controversial project, built by China Road and Bridge Corporation, has ...

Xi Meets with Kenyan, UN, Nigerian Leaders

Chinese President Xi Jinping had another flurry of high-level meetings on the sidelines of the Belt and Road Forum on Wednesday. During his meeting with Kenyan President William Ruto, Xi pledged further support for investment in Kenya, as well as cooperation in ...

Kenya’s President Appeals to Chinese Investors to Finance Railway Extension to Ugandan Border

Kenyan President William Ruto issued a direct appeal to Chinese investors to finance the extension of the Standard Gauge Railway (SGR) to the Ugandan border. The president explained that completing this last portion of the railway would unlock significant economic opportunities throughout ...

Kenya’s High Court Rules Contract for Chinese-Financed Railway Can Remain Secret

Kenya's highest court ruled the government does not have to reveal the contract for the controversial Standard Gauge Railway (SGR). Friday's ruling overturned a 2020 Appeals Court ruling that claimed the government had indeed flouted procurement disclosure laws when it refused to publish ...

Analysis from Cobus van Staden

Misadventures in the Skin Trade

This week I spent a few days in Cape Town, in time for a minor, if telling, crisis in international agricultural trade. A ship crammed with 19,000 (mostly still living) cows was stuck in Cape Town harbor, en route from Brazil to the Middle East.
As South African animal welfare authorities scrambled to inspect the horrors on board, the city was enveloped in a powerful farmyard funk. The entire episode can ...

China Blocked Kenya From Getting Competitive Bids to Build Costly Railway, Supreme Court Told

Kenya’s Supreme Court hearings into the Standard Gauge Railway (SGR) deal are revealing a deal tainted by collusion between Chinese and Kenyan actors. The account emerging from testimony shows that the deal defied oversight from the start. COMPETITIVE BIDDING: Financing depended on China ...

Chinese Contractor Signs $2.2 Billion Deal to Build Next Stage of Tanzania’s Standard Gauge Railway

The Tanzanian government and an unspecified Chinese contractor signed a $2.2 billion contract on Tuesday to build a 2,561km rail line from Dar es Salaam to the Lake Victoria city of Mwanza. It's important to note that even though Chinese contractors ...

Kenya’s Transport Minister to Chinese Ambassador: No Hard Feelings About the Release of SGR Loan Agreements, Right?

Kenya's Road and Transport Cabinet Secretary Kipchumba Murkomen was all smiles last week when Chinese ambassador Zhou Pingjian made a courtesy call to his office in what appears to be an effort to show that ties between the two had not been impacted by the ...

Kenya’s Supreme Court to Weigh In on SGR Contract

Kenya’s Supreme Court will rule on the legality of the country’s Standard Gauge Railway contract. Opponents say the contract being awarded to China Road and Bridge Corp contravened Kenya’s competitive tender rules. The ruling will ...

Just as in Nigeria, Kenyan Lawmakers Are Also Confused About What It Means to Waive “Sovereign Immunity” in Chinese Loan Contracts

Anger is mounting across Kenyan society over the terms of the loan agreements with the China Exim Bank for the multi-billion dollar Standard Gauge Railway that were released by the government on Sunday. Members of Parliament are sounding off in the ...
Page 1 of 212