Home Business China claims 70 per cent of Kenya’s debt, says CBK

China claims 70 per cent of Kenya’s debt, says CBK

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Nation | by Paul Wafula


After toppling Japan and Germany from the list of top bilateral lenders to Kenya, China has more than tripled its share of debt to Kenya in less than a decade.

A new analysis of the composition of Kenya’s bilateral lenders by Central Bank of Kenya (CBK) shows that China controlled less than one per cent of…

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