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- Title
Kenya, Uganda.
- Abstract
The article reports on the plan of a South African-led consortium, called Rift Valley Railways Consortium, to invest $29 million in the 106-year-old Kenya-Uganda Railway by June 2008 to improve operations on the track. The consortium will pay an initial $5 million fee to Nairobi and Kampala plus 11.1% of gross revenue. It is made up of Sheltam Rail Co. of South Africa with a 61% share, Comazar Ltd. and CDIO Institute for Africa Development Trust with a total of 14%, Kenya-based Primefuels Ltd. with 15% and Tanzania-based Mirambo Holdings with 10%.
- Subjects
KENYA; UGANDA; CONSORTIA; INVESTMENTS; RAILROADS; SHELTAM Rail Co.; COMAZAR (Company); PRIMEFUELS Ltd.; MIRAMBO Holdings Ltd.
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2007, Vol 44, Issue 10, p17601
- ISSN
2053-227X
- Publication type
Article