Kenya signs commercial contract to extend SGR to Uganda

Kenya has signed the commercial contract for the construction of the next stretch of the standard gauge railway (SGR) from Naivasha to Malaba, the Treasury has revealed ahead of next week’s return to the Eurobond market.

The disclosure, contained in the Treasury prospectus to international investors, sets the stage for the extension of the line to the Ugandan border in the third leg of the project, commonly referred to as Phase 2B.

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