Kenya

Will Kenya fall into China’s “Debt Trap”?

Kenya is among the African nations that China has had a growing influence in since the turn of the millennium. China has spent billions of dollars in Africa over the past few decades. Majority of its investments in Kenya go to infrastructure development, much like what China has been doing in the rest of Africa, as part of its Belt and Road Initiative, an estimated one trillion dollar plan to connect the country to trade routes all over the world. History China-Kenya relations date back to December 1963, when Kenya gained independence from British colonial rule. The alliance between the two nations started gaining momentum in the past couple of decades as China boosted investments aimed at infrastructure development in developing countries around the globe. It was the election of Mwai Kibaki as President of Kenya in 2002 that paved the way for a new era of Chinese investments in the country. Subscribe to read the full report We wish we didn't have to do this, but only paid subscribers can read the full article, Unlike other publishers, we are not the beneficiaries of State funds and are entirely dependent on our supporters to keep KJ Vids functioning. Please subscribe to read the rest of the article. Economic relations Latest trade deals Debt-trap Diplomacy Risks associated with the Belt and Road initiative Military/defence agreements By investing in KJ Vids, you are investing in yourself Our content succinctly contextualises the key geopolitical trends you need to know in order to make sense of world events. We can assure you that a regular dose of our content will be as healthy as fruit and vegetables for your mind. Subscribe for only £10 a month.

6 Aug 2019