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Kenya projects KSh 71.57bn principal and KSh 28.81bn interest payments to Chinese lenders, Business Daily reports

Chinese lenders, predominantly China Exim Bank, account for KSh 28.81 billion in projected interest payments and KSh 71.57 billion in principal repayments in Kenya's debt-service plans, Business Daily reported on 11 October.

A Madaraka Express train at the Standard Gauge Railway's Nairobi Terminus (file photo, 2023).
A Madaraka Express train at the Standard Gauge Railway's Nairobi Terminus (file photo, 2023). Photo: Fica Vision / Du Fengyan

Chinese lenders, predominantly China Exim Bank, account for KSh 28.81 billion in projected interest payments and KSh 71.57 billion in principal repayments, Business Daily reported on 11 October. The sums form part of the National Treasury's projected debt-service requirements.

China Exim Bank funded construction of Kenya's standard gauge railway (SGR).

The Treasury says in its latest Annual Public Debt Management Report that 12.7 percent of public debt is due for repayment within one year from 1 July. Treasury debt management officials say heavier reliance on Treasury bills has resulted in "increased refinancing risks", as quoted by Business Daily.

On the external side, Kenya raised US$2.25 billion through a two-tranche Eurobond in February 2026.

Drafted and translated with AI assistance; reviewed and published by editor . How we use AI

Sources

Reporting Desk research, human-reviewed Sources 2 Published 12 Oct 2026 Updated 15 Oct 2026 Corrections see correction above How we check

  1. Sh1.7 trillion of public debt due before June next year businessdailyafrica.com about
  2. Kenya raises Ksh.290 billion in new Eurobond citizen.digital about

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