Tag: $279 million Loan
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Details of Kenya’s New Chinese Loan Emerge
Kenya will use a new loan from China to advance work on 16 different road projects, said a senior Treasury official. Kenya signed a new $279 million loan agreement with China Development Bank on the sidelines of the Forum on China-Africa Cooperation in September. ...
Kenyan technician installs a Chinese-made solar panel in Nairobi that makes up some of the 80% of renewable energy generated in the East African country each year. LUIS TATO / AFP
A beauty salon in a small southern Kenyan town is dimly lit by a few lights. There’s no streetlighting here in Mtito Andei, so those lights are how customers make their way. The salon’s owner is Rehema Yusuf, a mother of three. A few years ...
Details of Kenya’s New Chinese Loan Emerge
Kenya will use a new loan from China to advance work on 16 different road projects, said a senior Treasury official. Kenya signed a new $279 million loan agreement with China Development Bank on the sidelines of the Forum on China-Africa Cooperation in September. ...