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Kenya Railways announced on Wednesday that, beginning in 2024, tickets to ride the Standard Gauge Railway from the capital, Nairobi, to Mombasa would cost 50 percent more than their current price.
“The Kenya SGR desperately needs cross-border expansion to make it a financially sustainable project,” economist Aly-Khan Satchu told the agency. “The SGR, as is, is a dud. To make it sustainable, it needs to connect Uganda’s oil to the sea, and minerals.” “Ruto expressed the confidence that the eight majorsteps proposed by President Xi Jinping for high-quality Belt and Road cooperation will further help Kenya and Africa achieve industrialization, agricultural modernization and economic integration,” a Chinese readout of the meeting continued.
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