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Treasury secures Sh20bn loan for Kenya Airways

The Treasury has taken a new Sh20 billion loan to help Kenya Airways repay another loan it borrowed from African Export-Import Bank (Afrexim) two year FILE PHOTO | NMG

By  Victor Juma  &  Edwin Mutai

The Treasury has taken a new Sh20 billion loan to help Kenya Airways repay another loan it borrowed from African Export-Import Bank (Afrexim) two years ago.

Details of the new loan are disclosed in a report sent to Parliament by the Treasury.

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