Tag Archives: african debt

29 December 21

Paris Club Denies Kenya’s Request for Debt Relief as Slowed Post-Covid Economic Recovery Hampers Government Revenues

The Paris Club has denied Kenya’s request for extended debt relief. The East African nation has seen revenues plummet as slowed economic recovery from COIVD 19 bites. The Treasury wrote to the club asking for a debt relief of about
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08 January 21

Tanzania: John Magufuli asks China to forgive outstanding debt

Tanzania President John Magufuli has appealed to China to forgive some debt incurred by the East African nation.

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17 July 18

Tanzania secures $200 million loan from Credit Suisse

Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.

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