Sunday, October 8, 2023

Kenyan President Heads to China with Hat in Hand

 Reuters published on 6 October 2023 an article titled "Kenya To Seek $1 Billion Loan from China, Longer Repayment Period" by Duncan Miriri and George Obulutsa.

Kenyan President William Ruto is headed for China later this month where he will seek $1 billion to complete stalled road construction projects.  He will also ask to extend the repayment period for existing Chinese loans that total more than $8 billion.