Kenya's $39 Billion Push for Roads, Dams and Finishing the 'Train to Nowhere'.

The article focuses on Kenya’s stalled $10 billion railway project linking Mombasa to the Ugandan border, initially funded by China’s Export-Import Bank and intended to transform East Africa’s infrastructure. Despite partial completion and low usage, President William Ruto aims to revive the project as part of a broader $39 billion infrastructure plan funded through a new National Infrastructure Fund, which includes selling stakes in state-owned companies like Safaricom Plc. The plan faces challenges including public opposition to tax increases, concerns over debt sustainability, and skepticism about political favoritism in project execution. The success of these infrastructure efforts is seen as critical to Ruto’s prospects for re-election in 2027 and Kenya’s economic future as a regional logistics hub. [Extracted from the article]