Showing posts with label contract. Show all posts
Showing posts with label contract. Show all posts

Friday, August 30, 2024

Ethiopia to Build Biggest Airport in Africa

 Nanyang Technological University in Singapore published on 23 August 2024 an article titled "Ethiopia Awards Contract to Construct the Biggest Airport in Africa."

Ethiopian Airlines awarded a contract to a consortium led by Dar, a Middle East-based architecture and engineering consultancy, to develop what will become the largest airport in Africa located 40 kilometers from Addis Ababa.  The first phase will cost $6 billion and be operational in 2029.

Sunday, November 6, 2022

Text of China's Loan to Kenya for Standard Gauge Railway

The Wall Street Journal recently published a six-minute video titled "Kenya's Chinese-Built Railway Shows Why Belt and Road Is Being Reworked" by George Downs. The $3.6 Billion railway that was built with Chinese loans has struggled to be profitable.  It is an example why China is reevaluating its Belt and Road Initiative.

The government of Kenya has just released the text of the controversial 11 May 2014 "Preferential Buyer Credit Loan Agreement on Kenya Mombasa-Nairobi Standard Gauge Railway Project" between the government of Kenya and the Export-Import Bank of China.

The Star published on 6 November 2022 an article titled "I Have Exclusively Obtained SGR Contract, Says Murkomen" by Felix Kipkemoi.

Kenya's Roads, Transport, and Public Works Cabinet Secretary released the loan agreement to the public.  He said he would also track down and release the even more controversial contract for the standard gauge railway.