Ruto in China: Kenya seeks credit wiggle room to fund SGR
President William Ruto with Chinese President Xi Jinping during bilateral talks at the Great Hall of the People in Beijing, China on September 3, 2024.
In his China state visit, President William Ruto and his officials are faced with a tricky balancing act as they seek more support from Beijing for Kenya’s infrastructure and trade development while ensuring that any new deals do not push up debt levels.
His officials say they are open to try new financing models to fulfil the country’s great need to complete stalled projects and extend others. Some of those are the extension of the standard gauge railway (SGR) from Naivasha to Malaba on the Ugandan border, and the expansion of the main highway from Nairobi to Nakuru and on to Malaba.
