Tuesday, December 25, 2018

Could Kenya Lose Control of Port to China?

Ventures Africa posted on 20 December 2018 an article titled "Mixed Reactions Trail News that Kenya May Lose Its Key Asset To China Over Loan Repayment" by Herdrine Katche.

The article suggests that China's Export Import Bank could take control of Kenya's Mombasa port if Kenya defaults on payments to China for a new rail line between Mombasa and Nairobi.