DEBT

The Africa Report - - QUARTER -

Kenya will pay back $277.7m in Chi­nese debt in the year start­ing July 2019 – more than dou­ble what it had been pay­ing, due to the end of the grace pe­riod on the loan for the stan­dard-gauge rail­way. An­a­lysts are wor­ried about Kenya’s debt lev­els af­ter it took out an­other $666m in loans from China in April.

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