Country: Kenya

The Business Daily Editorial Board warned the government that the proposed toll road pricing scheme for the new 27km Nairobi Expressway jeopardizes the financial stability of the project and risks creating another "white elephant" like the embattled Standard Gauge Railway. The ...

The apparent disappearance of Alibaba founder Jack Ma is prompting growing concern in Kenya and elsewhere in Africa where the Chinese billionaire has recently built a strong following around his philanthropic ventures.

China's top diplomat for sub-Saharan Africa, Wu Peng, posted a tweet today that restated China's often-repeated position about its commitment to implement the G20's Debt Service Suspension Initiative and to help "alleviate debt pressure on African countries." It's not ...

The Nation's Senior Diplomatic Writer, Aggrey Mutambo, sat down with China's ambassador to Kenya for a wide-ranging interview that covered access to Chinese-made COVID-19 vaccines, next year's FOCAC summit in Dakar, and how Beijing will deal with Nairobi's difficulty in repaying its debts.

The investigative series Africa Uncensored broadcast a riveting one-hour documentary on Kenyan national TV last night that explored the country's ballooning national debt. The program highlighted how, as Kenya's largest bilateral creditor owning an estimated 70% (or $6.2 billion) of its ...

Over the past several weeks, Chinese officials have convened a series of high profile forums with key African stakeholders in what appears to be an effort to lay the groundwork for next year's triennial Forum on China Africa Cooperation Summit (FOCAC) that is scheduled to take place ...

The idea of linking China's Belt and Road Initiative with the new African Continental Free Trade Agreement appears to be gaining momentum among senior Chinese policymakers. Chang Hao, a high-ranking official with the influential National Development and Reform Commission (NDRC) -- a powerful body that effectively sets macroeconomic ...

President Uhuru Kenyatta warned international development agencies, and the U.S. and Europe on Friday against using Kenya's current debt crisis as a pretext to lecture the country and interfere in its affairs. "Please, I ask you to refrain from interfering, telling ...

Since the COVID-19 outbreak earlier this year, China has struggled to find new ways to conduct the B2B trade shows that have been so effective in the past at connecting Chinese and African merchants. Some of the online-only fairs that took place in the spring and early ...

President Uhuru Kenyatta directed the Health Ministry to open talks with China to secure supplies of a future COVID-19 vaccine. Until now, Kenya had planned to depend on the global vaccine alliance known as Covax but amid a new wave of infections and mounting ...