India's plan to develop key Iranian port faces U.S. headwinds

India committed $500 million to speed development of the port after sanctions on Iran were lifted following a deal struck between major powers and Tehran to curb its nuclear program in 2015. But not a single tender has been awarded for supplying equipment like cranes and forklifts. Jun 10, 2017
Kenya marks industrial milestone as standard gauge railway transferred from China

Kenya marks industrial milestone as standard gauge railway transferred from China

Kenyan President Uhuru Kenyatta launched the standard gauge railways (SGR) first cargo train following its transferal from China. The train transported goods loaded from Mombasa port.The construction of the SGR was initiated in Dec 2014 by CRBC. It has a length of 480km and is the first overseas SGR entirely meeting Chinese standards. The final completion of the SGR is believed to be a win-win achievement for China-Africa cooperation under the framework of Belt and Road Initiative. May 31, 2017