Kenya : Kenya signs infrastructure, energy deals worth $5 bln with China

Clyde C Coger Jr

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In the Spirit of Sankofa,




Kenya signs infrastructure, energy deals worth $5 bln with China


NAIROBI (Reuters) - Kenya signed deals worth $5 billion with China on Monday to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa.


NAIROBI (Reuters) - Kenya signed deals worth $5 billion with China on Monday to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa.
The cash would be spent on energy projects, a standard gauge railway linking the port of Mombasa in east Africa's biggest economy to its border town of Malaba, meant to provide faster access from Kenya's port to markets in the region, the presidency's media service said in a statement on Monday.

http://news.yahoo.com/kenya-signs-infrastructure-energy-deals-worth-5-bln-065439375.html
 
Last edited:

butterfly#1

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In the Spirit of Sankofa,




Kenya signs infrastructure, energy deals worth $5 bln with China


NAIROBI (Reuters) - Kenya signed deals worth $5 billion with China on Monday to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa.


NAIROBI (Reuters) - Kenya signed deals worth $5 billion with China on Monday to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa.
The cash would be spent on energy projects, a standard gauge railway linking the port of Mombasa in east Africa's biggest economy to its border town of Malaba, meant to provide faster access from Kenya's port to markets in the region, the presidency's media service said in a statement on Monday.
http://news.yahoo.com/kenya-signs-infrastructure-energy-deals-worth-5-bln-065439375.html






We better heed the warning, China is posturing to take over the world. They're.constantly gaining ground by offering assistance to countries in need like this. Seeing their monies put to good use. Not death and destruction.
 

Clyde C Coger Jr

going above and beyond
PREMIUM MEMBER
Nov 17, 2006
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Occupation
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We better heed the warning, China is posturing to take over the world. They're.constantly gaining ground by offering assistance to countries in need like this. Seeing their monies put to good use. Not death and destruction.


True, however, China is also now having some monetary issues; Google: China and Money.
 
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