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Uhuru signs Sh425bn financing deals with Chinese government
President Uhuru Kenyatta and First Lady Margaret Kenyatta are welcomed by Chinese President Xi Jinping and First Lady Mrs Peng Liyuan at the Great Hall of the People in Beijing. Photo/PSCU
President Uhuru Kenyatta on Monday secured $5 billion (Sh425 billion) in investments from China covering railways, energy, wildlife protection and joint ventures.
Among the projects set to benefit from the deal is the standard gauge railway linking Mombasa port and Malaba that is expected to improve access to Uganda, Rwanda, Burundi and eastern Democratic Republic of the Congo.
