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Kenya and Uganda have blocked a $2 billion claim lodged by Rift Valley Railways (RVR) in the London Court of International Arbitration (LCIA) over a collapsed 25-year concession to run the ...
Then, like now, the Kenya/Uganda railway faced considerable challenges; there was an absence of consensus on the issue of cost.
NAIROBI, Aug 2 (Reuters) - The operator of the Kenya-Uganda railway received a $164 million long term loan financing on Tuesday from six international financiers in a potential boost to hopes high ...
Uganda also cited failure by RVR to meet its obligations as set out in the concession agreement signed when the firm took over the Kenya-Uganda Railway in 2006.
In 1898, a pair of maneless male lions began terrorizing crews building the Kenya-Uganda Railway, killing and eating dozens of men over a span of about nine months. The lions became known as the ...