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As a middle-income country, Kenya is moving beyond the world of foreign aid. China Eximbank operates like a commercial bank. Understanding this world requires new tools and language. Chinese loan contracts allow disclosure when required by borrowers’ laws. Kenya's Constitution is ambiguous on...
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In December 2018, a leaked letter from Kenya's Auditor General warned that the Kenya Ports Authority's assets - of which Mombasa Port is the most valuable - risked being taken over by China Eximbank if Kenya defaulted on the Standard Gauge Railway loans. The rumor that Kenya had used Mombasa...
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The role of rail in Sub-Saharan Africa (SSA) changed considerably in the latter years of the twentieth century. Although some upgrading has occurred, most SSA networks outside South Africa are still operating to the standards to which they were originally constructed. To encourage the...
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