Kenya revives railway to nowhere without BeijingBloombergKenya next month is to resume construction of a Chinese-backed railway it abandoned almost seven years ago after funding dried up — this time without taking new loans from Beijing. Students line up to board a Standard Gauge Railway passenger train at Kutoka Station in Kenya on Oct. 22, 2019. Kenya last year switched the railway’s dollar loans into yuan, cutting debt-servicing costs by US$215 million a year. China has raised concerns about Kenya securitizing the railway levy, saying it was contractually earmarked as a backstop for servicing the original Chinese loans, Mbadi said, but added that the government plans to move forward. China Road and Bridge Corp, the contractor, is willing to put US$500 million into the railway project, Mbadi said.

Source: Taipei Times February 27, 2026 18:21 UTC