In Summary
- The latest developments come as a slap
in the face for Nairobi, which had appeared assured of clinching the
Sh368 billion financing to extend the line to Kisumu.
- Sources told the Saturday Nation that the decision followed lack of progress on changing conditions imposed by the Chinese.
- President
Uhuru Kenyatta had asked for half of the money to be given as a grant
and the balance be in a loan with more relaxed condition
It can now be revealed that difficult loan conditions were responsible
for Kenya’s failure to get funding for the second phase of the SGR.
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