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Kenya inks deal with France to build modern railway line

| Updated: March 17, 2019 14:28:14

Kenya inks deal worth €2b with France

Kenya has signed infrastructure contracts with France worth more than 2.0 billion euros (2.26 billion US dollar).

They have inked the deal on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi and Mau Summit.

Renewables firm Voltalia also sealed a €70 million contract for two solar power plants, while an Airbus-led consortium won a €200 million contract for coastal and maritime surveillance.

The contracts were signed during a visit by President Emmanuel Macron, who is seeking to boost trade in the East Africa region, reports Reuters.

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