RVR pays up USD 70 million investment debt
By Oliver Nabukeera
Regional rail operator Rift Valley Railways (RVR) has paid up USD 69.6 million as the last installment of the USD 164 million debt sourced from various leading global and East African financiers in 2011. The debt was part of the total USD 287 million capital financing package provided in the form of a series of loans meant to fund the company’s five-year turnaround program