File Photo: Kenyan Pres. Uhuru Kenyatta and Xi Jinping, 2013 (By Associated Press)
Nairobi fails to repay massive debts on shady loan for underperforming railway, Kenyan infrastructure ripe for the taking: reports
Taiwan News, By Duncan DeAeth,Taiwan News, Staff Writer – 12/27/2018
Excerpt:
African media reports that Kenya may soon be forced to relinquish control of its largest and most lucrative port in Mombasa to Chinese control.
TAIPEI (Taiwan News) – China may be preparing to seize some major assets in the African nation of Kenya, as a result of debt-trap diplomacy.
Other assets related to the inland shipment of goods from the port, including the Inland Container Depot in Nairobi, and the Standard Gauge Railway (SGR), may also be compromised in the event of a Chinese port takeover.
Kenya has reportedly taken extremely large loans from the Communist government for the development of some major highways, and especially for the SGR, which forms a crucial transport link to and from Nairobi for the import and export of goods through Mombasa.
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VERY SAD for the Kenyan people if they lose control of their port in Mombasa.
DEBT-TRAP DIPLOMACY is not illegal, of course, but: @#$%^* – the Communist (actually now largely Fascist) CHINESE GOVERNMENT
Thanks for reporting Bruce. This is indeed very sad news.