China Funding Archives - Gambeta News

CHINA FUNDS KENYA’S DATA CENTRE AND HIGHWAY WITH US$666m

Posted on April 29, 2019April 29, 2019 by Gambeta News

Kenya’s data centre and highway gets US$666m China funding. A data centre and highway in Kenya have received 67.5 billion shillings (US$666 million) as funding from China. The funds were issued at Beijing where Kenya’s President Uhuru Kenyatta attended the second Belt and Road Forum. President Uhuru Kenyatta today witnessed the signing of two project delivery agreements totalling to Sh 67.5 billion through concessional financing and Public Private Partnership (PPP).#KenyaChinaRelations pic.twitter.com/jbHT9WsMF4 — State House Kenya…

PHOTO UPDATE: ONGOING LAGOS-IBADAN RAIL CONSTRUCTION

Posted on December 5, 2018December 5, 2018 by Gambeta News

The ongoing Lagos-Ibadan Rail Construction is reaching completion. Twitter user, @AdeBanqie shared these photos with the caption “If this is not #TheNextLevel, then tell me what it is. Ongoing Lagos/Ibadan rail Construction. #FeBuhari” About the Project The US $1.5 Billion standard gauge rail project from Lagos to Ibadan is currently in the final stages of construction. Stretching over 154 kilometers, the tracks require the construction of 81 bridges, 207 culverts and 708 32-meter beams. The project is…