Just caught this statement [in your September 28 column “China Faces a Critical Test”: “And let’s not forget that, should Kenya Railways default on the Nairobi-to-Mombasa SGR loan, there’s always the Port of Mombasa that serves as collateral“] and wanted to reach out to you as this is not an accurate picture of the loan arrangement. Won Kidane (an international lawyer) and I did a deep dive into these issues and summarized some of it in a recent policy brief.
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