Nick Shaxson ■ Finance Uncovered: new investigation into Rift Valley Railway
From Finance Uncovered, a TJN-supported journalism project:
“Today, De Correspondent (Netherlands), The Daily Reporter (Kenya), The Observer (Uganda) and MO (Belgium) have published an investigation into the Rift Valley Railway, the historic railroad connecting Kampala to the port of Mombasa. The investigation developed a project of Patrick Mayoyo, one of our members from Kenya and involved journalists from Belgium and the UK.
In this article our team reveals that the World Bank has opened an inquiry into potential embezzlement of public funds after international development institutions invested over $140m into the line. We travel from Nairobi to Mombasa to find out why RVR has gone off the rails.”
The section “Rift Valley goes offshore” is particularly useful for our purposes. Now read on.
The author
Related articles
Let’s make Elon Musk the world’s richest man this Christmas!
The tax justice stories that defined 2025
The best of times, the worst of times (please give generously!)
Admin Data for Tax Justice: A New Global Initiative Advancing the Use of Administrative Data for Tax Research
2025: The year tax justice became part of the world’s problem-solving infrastructure
Bled dry: The gendered impact of tax abuse, illicit financial flows and debt in Africa
Bled Dry: How tax abuse, illicit financial flows and debt affect women and girls in Africa
9 December 2025
Indicator deep dive: ‘patent box regimes’
Two negotiations, one crisis: COP30 and the UN tax convention must finally speak to each other
