Kenya: France Overtakes Japan to Become Kenya's Second-Largest Bilateral Creditor
Nairobi — France has overtaken Japan as Kenya's second-largest bilateral creditor accounting for 2 percent of external debt.
France has extended credit in the form of concessional Treasury loans and credit-export guarantee to a tune of Sh78 billion.
French Minister for the Economy and Finance Michael Sapin said France will continue its increased focus on supporting the private sector through the financing of the banking.... Read more »
Posted on : Wednesday , 8th February 2017