Kenya seeks debt relief from China as railway loan deadline looms

Kenya seeks debt relief from China as railway loan deadline looms

South China Morning Post - World·2021-01-20 07:07

As Nairobi grapples with a pandemic-induced cash crunch, Chinese embassy confirms negotiations are under way to suspend payments

East African nation last week received a six-month debt service suspension from Paris Club creditors

Kenya is seeking debt relief from China to help it cope with a coronavirus-fuelled economic slump, as the first repayment on a loan for a railway under Beijing’s

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