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Forum => Kenya Discussion => Topic started by: Kadudu on August 31, 2022, 09:15:43 AM

Title: China loan terms steepest among Kenya’s top lenders
Post by: Kadudu on August 31, 2022, 09:15:43 AM

I still hear some people terming China's loans to Kenya "cheap". Kindly read here and get the facts right. These loans should not be compared to the commercial loans like Eurobond.

https://nation.africa/kenya/business/china-loan-terms-steepest-among-kenya-s-top-lenders-3931668

Title: Re: China loan terms steepest among Kenya’s top lenders
Post by: RV Pundit on August 31, 2022, 09:35:53 AM

last I checked china accounted for 1/3 of our external loans - about 10B dollars then - so I'd expect repayment to be 1/3

Quote from: Kadudu on August 31, 2022, 09:15:43 AM

I still hear some people terming China's loans to Kenya "cheap". Kindly read here and get the facts right. These loans should not be compared to the commercial loans like Eurobond.

https://nation.africa/kenya/business/china-loan-terms-steepest-among-kenya-s-top-lenders-3931668