News Kenya Loans: Why Kenya's swap of US dollar loans for Chinese yuan offers more than debt relief
Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing's long-term goal of internationalising its currency. Analysts said the decision, announced by Kenya last week, paved the way for other debt-stressed African countries and could ultimately draw them closer to China. Kenyan Treasury Minister John Mbadi said on Tuesday that the country's US$5 billion Chinese railway loans had been converted to Chi
News Kenya Loans: Airtel Kenya Surviving on Expensive Shareholder Loans after Doubling Loss to KSh 5.9b
Airtel Kenya is struggling and is currently surviving on shareholder loans from its holding company, Bharti Airtel Kenya to remain afloat, according to new data ...
News Kenya Loans: Airtel Kenya surviving on hefty shareholder loans
Airtel Kenya is surviving on a series of shareholder loans from its parent company, most of which it is unable to service.
