The new Kenyan government has signalled it plans to renegotiate repayment of Chinese loans used to finance the Mombasa-Nairobi railway. Photo: Xinhua

Kenya’s new government signals its intent to renegotiate Chinese loans

  • Kenya’s new president, William Ruto, had said during his campaign that he would not go ‘anywhere near restructuring debt’
  • But his transport secretary nominee says that current repayment terms are not favourable and the country is ‘choked by loans’
22 Oct 2022 - 3:11PM