Exim Bank Stories

Kenya signs Sh24 billion China loan to launch modern intelligent transport system
Rachael Mutabasi  |  Nov 26, 2025

According to a statement from the National Treasury, the ITS project is a key component of Kenya’s integrated transport management framework.

'Yiwu Selection' store debuts in Nairobi, bringing Chinese brands closer to Kenyan consumers
XINHUA  |  Aug 30, 2025

Yiwu, a county-level city in east China's Zhejiang Province, is a global hub for consumer goods manufacturing, known for offering products that combin...

Kenya Railways losing millions as ticketing flaws let passengers ride free, Auditor General reveals
Maureen Kinyanjui  |  Jul 24, 2025

Auditor General Nancy Gathungu said the corporation had not put in place effective measures to ensure full revenue collection on its commuter service...

KeNHA cancels Nairobi–Kiambu road tender despite multi-billion Chinese funding deal
Lucy Mumbi  |  Jul 22, 2025

The tender, which had been initially announced on July 15, has raised concerns over the future of the multi-billion shilling project that sought to ea...

KeNHA to expand Kiambu Road into four-lane dual carriageway under China-funded project
Maureen Kinyanjui  |  Jul 16, 2025

The project will cover the Muthaiga–Kiambu–Ndumberi stretch and key spurs, including Ridgeways Road, the Kiambu–Thika Road link, and UN Avenue through...

Absa opens 87th branch in Kawangware to boost banking access in Nairobi's outskirts
Lucy Mumbi  |  Jul 15, 2025

The 87th outlet features a full-service hall, a 24-hour ATM, a cash deposit machine and mobile banking services tailored for Kawangware and its neighb...

Increased digital finance adoption falls short of household resilience goals – report
Alfred Onyango  |  Jul 12, 2025

The current strategies and approaches used in promoting digital finance with a focus on savings are being shadowed by gaps in the borrowing space, sig...

Kenya asks China to fully fund Sh581.6bn Malaba SGR extension amid fiscal strain
Lucy Mumbi  |  May 25, 2025

The 369-kilometre line is designed to improve the viability of the railway by linking it to Uganda, Rwanda, and the Democratic Republic of Congo, with...

Afreximbank launches Sh129bn funding kitty to empower African creatives
Alfred Onyango  |  May 15, 2025

The initiative promises to open up opportunities for filmmakers and artists to scale their craft to global standards, nurture talent, and spur job cre...

Kenya pivots to China, away from France for 1.3-billion euro highway deal
Reuters  |  Apr 12, 2025

The deal to turn 140 km (87 miles) of single-lane road into a multilane highway linking the capital Nairobi to Nakuru was signed in Paris in 2020 duri...

Kenya Railways faces Sh3.5 billion penalty for defaulting on China’s SGR loan
Maureen Kinyanjui  |  Dec 05, 2024

Audit shows Kenya Railways' revenue from its operations was insufficient to cover the maturing loan obligations, leading to additional penalties.

China's lending to Africa rises for first time in seven years, study shows
Reuters  |  Aug 29, 2024

Africa secured more than $10 billion in loans a year from China between 2012-2018, thanks to President Xi Jinping's Belt and Road Initiative,

Kenya plans to invest Sh13.1bn in key African financial institutions
Bashir Mohammed  |  May 30, 2024

The additional capital will also support the African Export-Import (Afrexim) Bank, headquartered in Cairo, and the Trade and Development Bank (TDB), b...

China to fund railway from Naivasha to Ugandan border
Abdirahman Khalif  |  May 20, 2024

Kenya and Uganda are actively seeking additional investors for this cross-border initiative.

Congo’s $7 billion infrastructure deal with China will depend on copper prices
Reuters  |  May 05, 2024

President Felix Tshisekedi pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more...

Cabinet approves implementation of road traffic management project
Mary Wambui  |  Feb 14, 2024

The system was piloted on two city roads and 10 junctions along Ring Road and Ngong Road.

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