debt trap diplomacy

Kenyans Sue for Access to Secret Debt Trap Deal with China

Two Kenyan activists filed suit in Mombasa on Tuesday seeking the public disclosure of all contracts, agreements, and studies related to the Standard Gauge Railway (SGR) project — the massive Chinese-funded railroad project critics have denounced as a boondoggle and “debt trap.”

A Kenyan worker puts gravel at the construction site of Standard Gauge Railway (SGR) during the Presidential Inspection of the SGR Nairobi-Naivasha Phase 2A project in Nairobi, Kenya, on June 23, 2018. - The SGR phase 2A project is an 120km extensiton of the Monbasa-Nairobi SGR project (Phase 1) with …

Nigeria Abandons Chinese Financing for Railroad Project

The Premium Times of Nigeria reported Friday that the Nigerian government has decided not to borrow any more money from China for railroad construction, apparently because the Nigerians are growing nervous about their $3.4 billion in debt to Chinese banks and were reluctant to add another $14.4 billion to complete several large railroad projects.

Workers try to cast a section of the new standard gauge railway line under construction from Iju in Lagos to Abeokuta, Ogun State in southwest Nigeria, on February 7, 2019. - The passenger train service which is designed to boost economic activites and ease movement of passengers by rail from …