Kenya has converted a $5 billion railway loan from China into yuan, aiming to reduce its annual interest costs by around $215 million, according to Finance Minister John Mbadi. This decision is part of a broader strategy to limit the country’s exposure to fluctuations in the dollar and interest rate hikes. The initial loan, denominated…...
Trending
- The latest trends in private equity in Africa
- FINACTU reaches a key milestone in the operationalization of the Blue Fund for the Congo Basin
- Tunisia: Trade deficit widens by 2.719 billion dinars at the end of October 2025
- Senegal dependent on Ivorian banks, but without systemic risk (S&P)
- For a strategic Guinean cultural diplomacy
- Mahamadou Bonkoungou, the businessman who gives wings to heads of state
- Industry: Uniwax S.A’s profit makes a big leap in the third quarter of 2025
- Africa Global Logistics Ivory Coast: Declining results, rising stock price at the BRVM
Kenya eases a dollar debt through yuan
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com