Kenya seeks China debt relief after Paris Club deal
China is Kenya’s second-biggest external creditor after the World Bank
18 January 2021 - 18:55
China is in talks with Kenya on a debt-service suspension deal, its embassy in Nairobi said, days after the Paris Club agreed to delay $300m in payments by the East African nation.
China signed payment suspension agreements with 12 African countries and gave waivers on mature interest-free loans for 15 African nations under the G20 framework, the embassy said in an e-mailed statement, without providing details...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.