Kenya, Uganda to break ground on multibillion-dollar SGR extension

Kenya Restarts SGR Extension Using Revenue Securitisation After Six-Year Halt

Kenya broke ground on Thursday on the next phase of its Standard Gauge Railway, a project that stopped near Naivasha in 2019 when Chinese government financing for large African infrastructure projects was cut. The new construction is funded through the securitisation of railway levy revenues rather than sovereign debt, a structure that reflects both Kenya’s [...] The post Kenya Restarts SGR Extension Using Revenue Securitisation After Six-Year H…

Kenya, Uganda to break ground on multibillion-dollar SGR extension

After years of delays, Uganda’s Standard Gauge Railway (SGR) is on track to begin construction in April 2026. Get the latest details on the project’s financing, timeline, and progress on compensating affected individuals. KISUMU, Kenya — Presidents Yoweri Museveni and William Ruto are scheduled to meet March 20 to officially kick off construction of an $8.5 billion Standard Gauge Railway extension, a joint venture designed to link the Port of Mo…