Nairobi clears UK debt for first time since 60s

Nairobi clears UK debt for first time since 60s

Nairobi clears UK debt for first time since 60s

Kenya has for the first time since independence cleared direct loans owed to the United Kingdom, its former colonial master that has recently shifted how it lends to developing countries.

Data from the Treasury indicates that Kenya does not owe Britain as of June compared to a debt of Sh35 million in May and Sh1.4 billion in 2015.

For more information, please see https://www.businessdailyafrica.com/bd/economy/nairobi-clears-uk-debt-for-first-time-since-60s-3019122

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