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Overview
Products
Facilities & Geographical Overview

The Transport Infrastructure Division owns 34% of Rift Valley Railways, the concession to operate exclusively railway services in Kenya and Uganda. The 2,800 Km concession is owned in partnership with Citadel Capital, a Cairo-headquartered private equity investment company.

The railway concession, is currently undergoing a rehabilitation and restructuring exercise, centered around:

Injection of management expertise experienced in railway turn-arounds, led by a technical team from America Latina Logistica
Rehabilitation and acquisition of rolling stock (locomotives and wagons)
Rehabilitation of areas of the permanent way, which are dilapidated
Modernisation of the railway systems and controls
Assembly of a banking consortium made of domestic banks and international development finance institutions

This transport corridor represents an exciting growth opportunity given:

Mombasa Port (which serves Kenya, Uganda, Burundi, Northern Tanzania and Eastern DRC) handled 19 mm tonnes of cargo in 2010 virtually destined for the interior towns and cities along the railway line
Today the railway represents less than 10% of the port traffic
Relative competitiveness of railway versus road, in terms of pricing, security and efficient logistics management
Road network is overly congested

Subsidiaries

Key products are:

Passangers:
Commuter traffic within Nairobi and its environs and long-distance travel within Kenya

Containers/Bulk Dry Cargo:
Containers transit between the port and the ICD's in Nairobi, Eldoret, Kisumu and Kampala.
Transit of dry goods (e.g.salt, cereals clinker) to and from large industrial users.

Bulk Liquids:
Transit of fuel oils, edible oils and industrial chemicals to and from large industry