Company type | Private consortium |
---|---|
Industry | Transportation |
Founded | 2005 |
Defunct | 2017 |
Headquarters | Nairobi, Kenya |
Key people | Titus Naikuni[1] Chairman Carlos Andrade[2] Group CEO Bong Yoon Chief Financial Officer |
Services | Railway systems |
Revenue | $84.2 million[3] (FY 2014) |
$11.3 million[3] (FY 2014) | |
Number of employees | 2100 (2014) |
Rift Valley Railways (RVR) was a consortium established to manage the parastatal railways of Kenya and Uganda. The consortium won the bid for private management of the century-old Uganda Railway in 2005. The Kenya-Uganda railway had previously been run by the East African Railways and Harbours Corporation over the period 1948–77. In 2014, RVR moved 1,334 million net tonne kilometers of rail freight, up from 1,185 million net tonne kilometers the previous year.[3] Both Kenya and Uganda terminated their contracts with RVR in mid-2017, with control of their national rail networks reverting to the Kenya Railways Corporation and the Uganda Railways Corporation, respectively.