RIFT VALLEY SORTED OUT

According to a statement released by Rift Valley Railways (RVR) on 23 March, shareholder agreement has been reached on the way forward. The Kenya-based TransCentury together with Ambience Ventures, a...

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CITADEL ACQUIRES 17.5% OF RVR

Citadel Capital, a leading private equity firm in Africa and the Middle East, with investments totalling $US8.3 billion, confirmed on 22 February that it has acquired a 49% stake in the Sheltam...

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BIDS FOR KENYA'S NEW RAILWAY

According to Kenyan transport minister Chirau Ali Mwakwere, the planned new standard-gauge railway is 'on course', An initial stumbling block had been a stipulation in RVR's concession document,...

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RVR CONCESSION CONTINUES

A late January joint governmental meeting convened in Kampala to decide whether to cancel RVR's concession resolved after lengthy deliberations that it would not do so.  Had it done otherwise, Jaindi...

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RVR SAGA IN KENYA

Lengthy, largely uncomplimentary, stories about Rift Valley Railways (RVR) have been appearing in the East African press following original lead investor Sheltam selling 49% of the shares in its...

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RIFT VALLEY DEVELOPMENTS

On 15 January, according to Jaindi Kisero in the Saturday Nation (published in Nairobi), a new shareholders agreement was discussed at a lively board meeting of Rift Valley Railways (RVR). In the...

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NEW KENYAN RAILWAY 'ON COURSE'

Kenya's planned new standard gauge railway is "on course", transport minister Chirau Ali Mwakwere says. Evelyn Njoroge of Nairobi-based Butterfly News quotes him explaining that the agreement with...

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KENYA'S OTHER PLANS

Consultant George Wachira, writing in Nairobi's Business Daily, commends plans for a new railway from Mombasa to Uganda, but strongly questions other ambitious ideas: 'A line from Lamu to Southern...

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EAST AFRICA'S NORTHERN CORRIDOR

In the next 20 years, some 30 million tonnes of goods per annum are projected to pass through East Africa's northern corridor, which extends from Mombasa through Kisumu in Kenya and past Kampala in...

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