China remains Kenya’s top lender at Sh520bn

China gave Kenya loans to build standard gauge railway. FILE PHOTO | NMG

China has retained its pole position as the top source of bilateral loans to Kenya as the Asian nation splurges additional yuans to back up a diplomatic shift that began in the Kibaki administration, latest data from the Treasury shows.

China disbursed an equivalent of Sh520 billion ($5,202.37 million) to Kenya in the period ending December 2017.

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Note: The results are not exact but very close to the actual.