SGR: Exim Bank rejects Uganda loan request again

President Uhuru Kenyatta flagging off Kenya’s SGR phase 2A from Nairobi to Suswa on October 16, 2019 that was to terminate in Kisumu. FILE PHOTO | NMG

China’s Exim Bank has once again rejected Uganda’s fresh application for a standard gauge railway loan, indicating a longer wait for Kampala’s dream of realising a modern transit system.

Exim Bank, in a response to Uganda’s application for financing re-submitted in September last year, insists there must be clarification on whether Kenya’s SGR will terminate at the border to guarantee smooth connectivity.