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
Tanzania President John Magufuli has appealed to China to forgive some debt incurred by the East African nation.
Credit Suisse Bank is set to lend Tanzania $200 million for developmental projects, the East African nation has revealed.