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Kenya’s China loan revamp sparks wider interest in yuan switch, AidData says

Published on: Tuesday 23 June 2026

Kenya’s China loan revamp sparks wider interest in yuan switch, AidData says By Duncan Miriri NAIROBI, June 23 (Reuters) - Kenya's move to convert Chinese loans from dollars into yuan to cut borrowing costs is drawing interest from at least five other African and Asian nations, an AidData study found, in a sign debt-laden borrowers are exploring alternatives to expensive dollar-linked financing. Ethiopia, Mozambique, Zambia, Pakistan and Indonesia were among


News source: https://www.msn.com/en-us/money/markets/kenya-s-china-loan-revamp-sparks-wider-interest-in-yuan-switch-aiddata-says/ar-AA26ox4V

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