Tag: Central Bank of Kenya
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China’s Role in Kenya’s Unfolding Economic Calamity
There's growing speculation among international investors that Kenya is now poised to become the next African country to default on its debt. The markets worry about how Kenya will remain solvent in the face of three converging trends that are making ...
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
China’s Role in Kenya’s Unfolding Economic Calamity
There's growing speculation among international investors that Kenya is now poised to become the next African country to default on its debt. The markets worry about how Kenya will remain solvent in the face of three converging trends that are making ...