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KENYA CHINA DEBT
World imbalances trouble G-7 in wake of Trump’s China encounterGlobal finance ministers convene in Paris to address lopsided world growth, focusing on structural misalignments after the US-China trade s...- Marx Zedong IncAn unconventional startup, proudly waving the Marxist banner, has attracted a staggering $800 million from investors scratching their heads...
- Gautam Adani's plan to invest $1.85 billion in Kenya’s largest airport blocked by courtGautam Adani Kenyatta Airport: Kenya’s High Court has temporarily paused a government plan to transfer the management of Nairobi's Jomo Ken...
- These countries owe the most debt to China, is your one of them?Over the past 20 years, China has given large loans to a number of nations, which has had a considerable impact on the geopolitical and eco...
- Africa's debt crisis has 'catastrophic implications' for the worldAfter weeks of deadly riots following a tax increase in Kenya, President William Ruto scrapped his proposed finance law. The government the...
- Barack Obama’s sister tear gassed outside the Parliament as protests intensify in KenyaFormer US President Barack Obama’s sister and niece were tear gassed outside the Kenyan parliament as protests intensified against the Fina...
- Chinese hackers attacked Kenyan government as debt strains grewChina's foreign ministry said it was "not aware" of any such hacking, while China's embassy in Britain called the accusations "baseless", a...
- Chinese loan terms caution Africa: Project implementation on slow modeReports suggest 22 countries faced difficulty in paying Chinese loans, costing China $240bn between 2008 and 2021. Countries like Tanzania ...
- China's international lending and developing world's indebtedness increase: ReportChina's growing presence in the international financial market is also visible through the fact that it has an outstanding claim of more th...
- Kenya denies defaulting on China railway debtThe $5 billion project, financed 90 percent by China, replaced the so-called "Lunatic Express" -- a line built more than a century ago by c...
- Kenya: Case of growing Chinese debt obligationsAccording to Kenyan officials, releasing the documents would undermine Kenya’s national security, “since terms in the contract touch on for...
- Hidden costs of Chinese projects in key African state of KenyaAlthough Kenya’s President Uhuru Kenyatta has defended the country’s strategy, many Kenyans have alleged that the China-funded projects are...
- Africa’s rising debt: Chinese loans to continent exceeds $140 billionAt least 18 African countries have been re-negotiating their debts while 12 others are in talks with China for restricting an approximate $...
- China keeps key Eastern African state of Kenya on tenterhooksThe Kenyan Treasury says it decided not to seek an extension of the debt relief beyond June 2021 and claimed that Kenya was fully paying th...
- Kenya risks losing port to China casting shadow over India's outreach in Eastern AfricaChina is now the single largest financier for infrastructure in Africa, funding one-in-five projects and constructing every third one, acco...
- China's Belt and Road leaves Kenya with a railroad to nowhereConstruction of what was intended to be a flagship infrastructure project for Eastern Africa was halted earlier this year after China withh...
- India keeps a close watch on Kenya as it falls under China's debt trapKenya could lose its Mombasa port to China along the lines of Hambantota port in Sri Lanka.
- China's 'belt and road' gains momentum from Kunming to MombasaThe program isn’t without controversy: debt risk is rising, an influx of Chinese workers has fueled tension with locals, and there are worr...
- China allows bonds for Belt and Road initiative to diversify funding optionsThe Xi Jinping government signed bilateral currency swap agreements worth $224 billion with the central banks of 24 participating governmen...
- OBOR projects worldwide are stacking the deck for Chinese enterprises and banksOne Belt, One Road (OBOR) is like a hold-all, in the sense that it has several independent, but linked, infrastructure projects.
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