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Tag Archives: China Exim bank

Kenya commissions 420 mln USD key road in northern region

Kenyan President Uhuru Kenyatta on Wednesday commissioned the 420 million U.S. dollars Isiolo-Moyale road in northern region which connects Kenya to Ethiopia. The Isiolo-Moyale road is the Kenyan section of the Trans-Africa Highway Corridor, which was upgraded to bitumen standards by the government with support of the African Development Bank …

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Zimbabwe government seeks Chinese funding to develop ICT infrastructure

The Zimbabwean government has requested funding from the Chinese government to develop information communication technology (ICT) infrastructure in remote parts of the country. Information Communication and Technology and Courier Services Minister Supa Mandiwanzira said this after meeting Chinese ambassador to Zimbabwe Huang Ping on Thursday. State-run news agency New Ziana …

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CHINA-FUNDED HIGH SPEED RAIL HELPS LIFT KENYAN ECONOMY

Kenya’s economy will grow at 6 percent in 2016 and 6.4 percent in 2017 buoyed by renewed interest in newly discovered oil and gas, investments in a Chinese-funded high-speed railway and improved security boosting tourism, the African Development Bank said. AfDB Regional Representative Gabriel Negatu said economy was expected to …

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