Kenyan President William Ruto will ask China for a $1-billion loan and a restructured debt payment plan, his deputy said Friday
Kenyan President William Ruto will ask China for a $1-billion loan and a restructured debt payment plan, his deputy said Friday, despite having criticised his predecessor’s heavy borrowing from Beijing. One of East Africa’s largest economies, Kenya has accumulated more than 10.1 trillion shillings ($68 billion) in debt, a figure equivalent to 67 percent of […]
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